$PCG It might just run with a market rally tomorrow and then imagine the massive short squeeze, wow I wouldn't wanna be holding puts now
PG & E Corp.
PCG6.50
1.88
(23.48%)
NYSEUPDATED Jan 15, 2019 7:59 PM EST
5,597 Watchers
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PCG
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8 New PCG Posts
8 New Posts
$PCG Yes, it takes huge balls, but I believe in the tough job that the blue trucks do.
$PCG literally could be a 3 bagger in 2 weeks to 6 months. Why would you short a company that just made moves to limit liability?
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$PCG yes we all know this stock is garbage. But the fact that it’s so lopsided is why there will be a snap back
$PCG I'm not bullish or bearish but when pro traders are buying calls at these levels I will think twice about puts you know
$PCG There was another pro lady showing PCG bottomed today around 6...incoming 8 or 9 maybe 10 with short squeeze it feels like?
$PCG reason went long is because the short trades is nearly 90per overcrowde. Zero sum game that’s why changed before all u dummy
$PCG also FYI I’m up 450per from shorting this garbage. I’m long with minimum amount of 25k from low 6s
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$PCG Potential 10 bagger in 5 years. Downside potential is % at 0. Give me a break, idiots.
$PCG when it says virtually worthless, that means don't buy this crap. if you really wanna buy wait til 1$
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$PCG If they just sell nuclear power plant, it will not required any BK or any support from any bank.
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$PCG the inverse liability law is crazy and must change if you like power. Hand in there, blue rucks.
$PCG be hilarious if this opened at 160+ so many short sellers would be homeless... I guess it wouldn’t be that funny ⛺️
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$PCG I am confident that the adults, Newsom et al, will find a solution that is equitable for everyone. Bankruptcy can be good.
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$PCG these idiots who say a removal from an index is being delisted are laughable newbs.
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$PCG No one can or would want to replace good old PG&E. If the shareholders survive, everyone can win, including workers.
$PCG These shorts are pretty ignorant. t's a risk. Yes, they may file ch 11 (not ch 7). They have solid workforce and support green energy.
$PCG are you guys not seeing "dailystockpicks" buying a large amount of PCG, just scroll down a little, so my question stands, buy calls/put
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$PCG wenzen20 has gone mad. I'm genuinely concerned for the well being of this person. Really
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$PCG The stock is not being delisted on Friday. It is being removed from certain indices, including the S&P500 and the Dow Utilities.
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$PCG what happens if you have an open short position and the stock gets delisted on Friday?
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$PCG Is there a reason this is tanking so hard? Seems like an overreaction
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$PCG Alright bulls, if you like and share & send this to all your friends this stock will magically rebound & all your dreams will come true
$PCG has so much potential on the upside. 37% rise in 2 hours. from 5.0 to 7.2 compared. High shortsqueeze potential.
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$PCG was saved from a death spike this morning, with a halt. Sure hope it doesn't happen tomorrow. Shares were trading hands at near 5.5
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$PCG But Techsmart told me it would be $20 by now... What happened???
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$PCG @timingtrader you dumb ass hole. No idea what you talking. It seems you fckd up your position. How much your loss?
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$PCG to those actually reading this. It’s a bear and going down to 0
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$PCG who tf is this Hollywood dumb*ss? I hope he gets his balls stuck in a chainsaw
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$PCG
Finally a reasonable opinion;
youtube.com/watch?v=dEl3_gE...
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$PCG it doesn’t matter how many of you comment here up or down you can never have the power to change any stocks direction. Fools!
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$PCG IMHO some type of bail out coming. Bankruptcy too easy. Taxpayers want due.I have to assume CalPERS has a large stake. Too Big to Fail!
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$PCG wezen and techsmart can share a studio apartment together in February 😂
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$PCG People are dreaming this company can’t get a new insurance policy. You can’t operate without insurance it’s the law. You idiots
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$PCG And it just keeps getting better (Not). Now kicked from the DOW Jones
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$PCG $PCG PG&E Corp will be dropped from the S&P 500 prior to the open of trading on Friday, January 18. spindices.com/documents/inde…
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$PCG I don’t have a position here, someone explain to me why people are bullish while the company announced they can’t avert filing for BK?
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$PCG bankruptcy filing 1/29/19 long shares Poof! Drink another one losers
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$PCG overcrowded wayyyyy overcrowded trade. Zero Sum game my friendsssss. C u above $7 tomorrow morning
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$PCG remember bankruptcy wipes debt away... carry on with your +68 billions
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$PCG @Danny__Porush is a iron leg. Whatever position he has, stock goes against him. So beware if you are in his side.
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$PCG SERIOUS QUESTION!
What day do you all think they will officially file for the bankruptcy?
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$PCG 16,000 on the ask side now against 400 on the bid. Bloodbath tomorrow
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$PCG ceo took over march 2017 stock was around 66. this ranks right up there with eddie lampert
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$PCG intelligent shorts either already covered or covering now in AH. They now how to exit.Tomorrow onwards dumb shorts will get big losses
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$PCG anyone have level 3 here to see who is dumping? sec shows 82% institutional ownership hard to believe everyone is holding...
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$PCG At the risk of sounding bullish, it's obvious buyers been defending 6.42 all afternoon & after hrs.. #trivialObservation
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$PCG: The low PEG Ratio, which compensates the PE for growth, indicates a rather cheap valuation of the company. chartmill.com/analyze.php?u...
$PCG sorry for the Bulls losses. But at least the CEO has her pension benefits. https://www.bloomberg.com/news/articles/2019-01-14/pg-e-s-former-ceo-to-walk-away-with-millions-after-wildfires
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$PCG easiest short. How it was at 19 when they announced they wwere filing for bankrupcy, I do not know.
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$PCG How many shorts knows that This company owns nuclear power plant? Total assets are 68.01B USD
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$PCG Someone trying to dump 10,000 shares at 6.43 AH. Just wait till tomorrow
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$PCG gonna add here fur sure they’ve only defaulted in their loans said they’re filing for bankruptcy and lost a CEO solid outlook here
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$PCG oh boy this is some entertaining stuff here tonight. I really enjoyed "the hail mary investment strategy" one.
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$PCG is there more downside? I discuss it here.. shortmetina.com/daily-video...
Today $PCG shows SELL signal (TA) for short term. Technical analysis source: stockinvest.us/technical-an...
$PCG Shyte!!! BK & removal from S&P. What am I supposed to do with all these weekly and February outs I'm holding. LOL
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$PCG Now Shorts getting margin calls today. This is fun to watch tomorrow as fund managers gapping up and rising the price.Their target $18+
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PG&E bankruptcy could mean price hikes, unpaid fire lawsuits $PCG #PCG marketbeat.com/articles/pge...
$PCG it amazes me how blindly some people jump into options and short or long positions, then ask afterwards what to do...
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$PCG Shorting a stock that goes BK? Is winning the lottery. The money you receive for shorting the stock is all yours. Is this true? Link?
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$PCG LOL I am watching my FB feed and see a friend who is BUYING... because its "on sale"... Ummm.. k....
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$PCG you can ride puts until the stock is delisted and still make money correct??? Just double checking..
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$PCG stock already priced in for all previous, present and future bearish articles and news. But one small or tiny good news takes to $18+
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$PCG why do some Ana&l Rapist still rate this stock as buy or neutral? It should be toxic sell.
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$PCG Wow I really messed up please take it easy on the bashing so what happens to this if it gets delisted
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$PCG You see it didn’t pay its interest payments today. It’s going to pink sheets in a week under a buck.
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$PCG some pro traders really were buying pcg feb $10 calls today, anybody know why? Is there usually a pump before the dump?
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$PCG This ticker has more trolls (bulls) then Scandinavia....Blocking them as I go...lol
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$PCG FYI SHLD puts still trade. Check the Jan19s The ticker is SHLDQ. If this gets delisted, your puts will still be worth a lot of money.
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$PCG what happens if you have 10k shares short from 9.2 and it goes literally to zero🤨
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$PCG dont you think that if it was going to open at 18 like some idiots claim, it would have held some of it's gains at EOD, not nosedive
$PCG remember this. Opens above $7 tomorrow and goes to $8. u will all say yes I should have known
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$PCG How many of you idiots are still holding this? Bankrupt is ZERO ZERO ZERO stock price coming
$PCG Question: Who will PCG replace when they're demoted to the pinks?
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$PCG Every real trader must get BKed on to understand it. Mine was Countrywide....Went to 11 cents! I bought at $17.
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$PCG At 24 it was a good deal. At 10, it was great deal. At 7, it's a steal. At 0 it's no brainer
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$PCG so I have some $10 calls for feb. 1... experts please tell me my next play?
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$PCG Almost insolvent now. Costs $39 million per day to operate
cbsnews.com/news/pg-e-has-b...
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$PCG institutions or funds can’t sell AH or pre market. Just wait till this opens tomorrow. Retail will have it at 5.50 before it opens
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$PCG This stock do not follow neither any index nor any market conditions. It trades on its own matters.
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$PCG massive volume at the end of the day thanks to s&p removal news. what’s going to cause the gap down tomorrow?
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$PCG on the other hand, CA is a tinderbox, ready to burst into flames at any time.
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$PCG is caught between a rock and a hard place... on the one hand, rate payers don't want to pay for expensive infrastructure
$PCG if they don't pay within 30 days by default, SEC will stop them from trading... Wait they don't have a CEO
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$PCG why you bears keep talking about BK? The news is out and priced in. Sure more bad news can come. But BK is old news now.
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$PCG All retail size orders. What part of "filing for bankruptcy" you don't understand? Got bridge for sale in Prague if interested...SMH
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$PCG dumb question 2.0 in 2001 when they filed bk did they get removed from s&p?
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$PCG Go on bulls buy your dream company
"PG&E misses interest payment; bonds, shares dive"
$4 tomorrow
investing.com/news/economic...
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$PCG The fund managers trapped more than 100M shorts share today and tomorrow they gap up and run towards their target $18+
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$PCG This is no longer be controlled by shorts. It is controlled by fund managers who is taking this to $18+ in coming days.
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$PCG kicked from Dow Utility Average also. They know BK is coming. prnewswire.com/news-release...
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$PCG Perhaps Ruby Pipeline will take over PG&E due to unfulfilled contract requirements😎
$PCG Shareholders will be wiped out on Jan 29th. That is all you need to know.
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$PCG PG&E Corp will be dropped from the S&P 500 prior to the open of trading on Friday, January 18.
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$PCG Teleflex to replace PG&E in S&P 500 on Friday = MORE sell volume due to re-balancing.Its like adding oil to the fire (pun intended.)
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$PCG buy the dip easy money in the morning, according to these drunk bulls
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$PCG do bears know what happens if they get d-listed overnight? Bye bye short money 👋🏻💸
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$PCG so if you have option past the 18 which is when the stock is getting taken off will you lose your options/
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$PCG $SPY PG&E Corp will be dropped from the S&P 500 prior to the open of trading on Friday, January 18. spice-indices.com/idpfiles/...
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$PCG head and shoulders forming after-hours on the 1m chart...price target 3.5
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$PCG Down to under 5 than any funds still holding it will have to sell as most funds can’t hold stocks under 5. That will finally kill it
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$PCG Between Ins. and Govt. is their "no one" to bail them out? Seems pretty reckless that there's no parachute here for such a giant Co.
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$PCG all I can see is hundreds of bearish post saying the exact same thing. Take a break.
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$PCG IMO, CA is going to do something to get PCG out of this mess. BK will be very harmful to many people. Ignore what pols say, watch them.
VIDEO - PG&E Corporation ($PCG) Stock Chart Technical Analysis - 01-15-2019 - watch here: claytrader.com/stock_chart/...
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$PCG PCG getting kicked out of S&P Friday. spice-indices.com/idpfiles/...
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$PCG so what insurance companies have a kettle cooked with ridges ceo like this one. Seems like a sign.
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$PCG it's crazy! the fresh bag holders keep lining up to give away their money.
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8 Stocks Moving In Tuesday's After-Hours Session
$UAL $PCG $MBOT $RVNC
m.benzinga.com/article/1298...
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$PCG Awe too scared to hold? just wait till 5 o clock. i told yall, ill bring a bucket to collect the tears you owe me in the a.m.
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$PCG so did you listen to the blind bulls and lose your ass, or did you make the roght move?
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$PCG I have a lot of money on Friday $10 puts. Did I finally nail
A trade or
Will this fly because I’m in it tomorrow?
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$PCG likely will test $5 again in the coming days. Might be a good place for a trade.
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$PCG the worst part about Bankruptcy plays is when they get delisted and the room gets closed
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4 Stocks Moving In Tuesday's After-Hours Session benzinga.com/news/19/01/129... $UAL $MBOT $PCG $RVNC
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$PCG omg CA needs to change their damn laws... this would never be allowed in most states
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$PCG Now it’s going to go up and then curve back down and go even lower AH like it always does both PM&AM
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$PCG only in America do you get a severance for spending your life frauding the public and leaving them
With a 30B bill. As you retire....
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$PCG step by step the new world order will take over, taking over utilities is one of steps, masonic order out of chaos
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$PCG Just look at the weekly 10 puts 938 on the bid at 3 bucks. This is going down another 1-1.50 tomorrow.
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$PCG bankruptcy not to mention the billions and billions in lawsuits that are on their way, huge money pumping now but the end is near
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$PCG slowly grind up the intraday price to kill Theta. Then dump at last minute. MMs playing bulls dirty 😂
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$PCG Locked in 30% gains this AM. Up another 10% on my midday 7.05 short. Great day.
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$PCG hold the line if you have a solid entry longs- dont let the shorts rinse repeat here any longer.
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$PCG Well if you bought a company after they say there are filing for BK. I dont feel sorry for you.
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$PCG bears will lose this war- trading on a quick buck, and things didnt go their way lol. Typical ST chodes blaming everyone but themselves
$PCG Holy mother of all bull-traps. Like WTF was that close all about?!? Look at the AH action. They're all red now. I would be pissed.
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$PCG Cant go bankrupt. Its a ploy. they power 40% of CA.
new ticker: CCG. California Gas & Electric.
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$PCG short this late will be wiped out. today is last day to cover in the 6s. Anyone with options your finished at open
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$PCG can’t believe they assume
Every house will burn one at a time
It took the wildfire to expose this ponzi.
Many more to come.
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$PCG can’t hate the bulls too much.
Needed the dumbasses to buy my short call spread 😂
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$PCG So this is no longer a marginal security (not that I would risk it) but whats the danger of putting everything into $10 Feb puts?
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$PCG How does a company facing $30b in liabilities, a junk bond rating, and very little cash survive? No bailout is coming, it is over
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$PCG let’s all be bullish only
After they acknowledge their living human
Customers. Federal is waiting for you
Dirty insurance cartels...
$PCG what a great company
A true Hedge fund darling.
Goes to show the mindset
Occupied by the folks they
Need to sell insurance. Coverage?
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$PCG Found on their twitter. People are reporting that they are not even able to pay their bill because the bill payment section is down.
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$PCG 🙏.Let all bulls here not only lose money .But at least learn from your stupidity.Best way to learn in the markets is by being wrong.🙌
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$PCG bull logic here ... what goes down must come up .... in most cases but PCG is not one of those times. 😢👎🏿🙅♂️🤷♂️🧸❗️⚠️❌🆘📛⬇️
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$PCG Shareholders will get zilch most likely scenario, no use for covering your short position & there’ll be deadcat bounces as expected
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Gavin Newsom: PG&E supplies power to 40% of California with a territory the size of Florida. $PCG
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$PCG
So the nasty heartless snake
Gets a severance higher than most
Will make in a lifetime.
Her clients remain on hold
Only insurance.!
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$PCG MM are so slick, pump it intraday then gap it down 2 points every night👀👌😎
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$PCG Don't be too quick to cover your shares! I took a 58k profit at 8.80 yesterday. I should have held today. GLTA
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$PCG if you think your Warren Buffet buying this stock you got the message wrong🤡🤡🤡
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$PCG nobody is sweating lol. Watch and learn for tomorrow morning this opens above $7 and eventually gets to $8
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$PCG WOW
"PG&E shareholders will get wiped out, and that means there's even farther for the stock to fall."
fool.com/investing/2019/01/...
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$PCG
Yo
But PCG got me spitting like a gangster rap group that frauds innocent people with meaningless coverage. We like them vulnerable...
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$PCG the fund managers are taking this back to $18+ in coming days. Cover now or watch your gains turns into losses. Period.
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$PCG I wish I was brave enough to hold it into pennies but a dead cat bounce is too scary
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$PCG can I ask why people bought today? Is pay and pray a strategy that u bulls use here? U guys must love Xmas cause u Santa’s now nice bag
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$PCG brought towards the close again today. my calls have been spot on here. Opens near $8 when they say new ceo
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$PCG If you know this is gaping up tomorrow, why don’t you cover or buy this AH? Dumb fcks this is not going to trade under $7 tomorrow.
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$PCG Last time they filed bankruptcy back in 2001 the stock never got under 6.55. And two days after filing it jumped 25%. Let's do it again
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$PCG Back to 5’s tomorrow. No one is going to hold this over the weekend. 3-4 by EOD Friday
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$PCG closes above its opening price after recovering from early selling pressure: techniquant.com/reports/sto...
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$PCG This is a binary event now with an expiration on 1-29. If they file ch11 its going under 1.
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$PCG they said it wouldnt go below20.now I see the same bulls saying it wont go lower than this! 🤣 if your long here u shouldn’t be trading
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$PCG volume today was crazy. I don't see anyone coming to rescue shareholder equity.
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$PCG hmm, volume today was high, but not high enough to signal a bottom IMHO. ~250M shares traded would have been a better signal.
$PCG bears Look for confirmation biases you may find it where you least expect it. Look deep
Into the ashes and evaluate the claims.its uber
$PCG Something isn't right. No way only the shorts covering were holding 6.50 supportlevel today. We could see a squeeze tmrw befo lower.
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$PCG why MS set 13$ PT if its going to bankrupt? Because they think it wont! How obvious could they be?
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$PCG if your bullish I’ve been there man shorted CRM before a huge ER and got wiped. we all waisted our day watching a quant buy shares...
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$PCG not seen so many bears at one place before. Has to be a bullish sign :)
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$PCG love it huge ah prints because MSCI had to dump all PCG today , easy money done here but holdin a chunk short long haul for maybe 4s
$PCG tutes loading shares for the increased demand for shares to short.
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$PCG honestly if you are bullish here message me. I’ve got 3 virgin 18 year olds looking for an insurance bull with 80+% losses this week.
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$PCG any bull still in this is just a regular gambler. They are far better stocks to buy. Or better still, go to casino.
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$PCG this will trade erraticly until BK is formally announced on 1-29. I then expect it to be under 1 and be delisted as PCGQ
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$PCG so i dont understand, why do the big numbers come ah and it doesnt move the stock at all?
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$PCG respect 👊💪 to all bulls for having the courage to hold this overnight. See you at open. Tomorrow will be 😰😡😤😱👇🙏
$PCG It’s all manipulation to let investors out before they file. It will slowly bleed down every day.
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$PCG how does a bankrupt state save a company with over 30 billion in liabilities?
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$PCG to the morons buying this, I have a couple bitcoins id like to sell you for 20k a piece.
It’s a gr8 deal, I promise.
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$PCG what they’d do to keep, PG&E Corp, from going under. Their response: Not much until the power giant has actually gone bankrupt.
$PCG ok guys it’s been great we prepare for
The fight tomorrow. If this spikes we email demanding the ceo be prosecuted. Goodnight!
$PCG just got a word from bond sales desk. They're failing to deliver their bonds. Get out. Fyi I work at FI sales & trading.
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$PCG will take chance to hold overnight. hope can sell around 7.5 tomorrow morning.
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$PCG finance.yahoo.com/news/pg-e...
CA will let them go bankrupt. Break up large utility company, set up several small ones.
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$PCG all the action now is algos helping MM's to unload at the highest possible price.
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$PCG Finally dropped from the trending list and more rational minds will take over. Biggest retail short pile-on in a long time.
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$PCG didn’t break day low. My
Mind is telling me
To sell. But my body is telling me hold.
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$PCG State has said repeatedly they are not naive and wouldnt want a bankruptcy either, they will find a way to give this company a break
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$PCG nothing but scamming MM’s playing here. We all know where this is headed 👇
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$PCG holding my
Friday puts
If this spikes
I’m eating shrimp ramen breakfast lunch and dinner for 20 years
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$PCG I think Baupost will be vindicated in the end here. One of the last remaining great fund managers.
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$PCG learn from what happened to GE . this is just manipulation. Price will finally get to where it belongs. No good news can come from this
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$PCG I dont know any situation in which they keep common equity afloat. Even in case of bailout.
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$PCG Strangely calm at 7. Will definitely break big one way or the other before close
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$PCG shorts probably doubled down this morning, and have been squirming all day.
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$PCG This will burn more like it did with that huge fire that devastated millions! Short it now.
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$PCG 🖕🖕 to the manipulating mm’s
Not getting my puts cheap you phucks
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$PCG I’m long term investor and i say 5yrs from now PG&E would be back go 70$ trading range. Free to judge!
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$PCG Good for swing traders and bears. B/K is going to happen IMO. Sorry for the Longs, get out soon.
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$PCG The good news is I'm holding 4k shares bought at 5.40 this morning. The bad news is I have 10k more at 9 from yesterday. C'mon bailout
$PCG gunna drop some new after hours and open over 9 tomorrow done this before very manipulated
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$PCG shorts, u have guts to keep this overnight. Will hit $8+ tomorrow.
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$PCG just a question, if they go to 0$ who would provide utilities to millions of communities in CALIFONIA?????? Nobody else but PGNE!
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$PCG thank god I got out, I couldn’t deal with that squeeze to 7 lol who got squeezed?
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$PCG Wonder how many shorts would pull the ripcord if they see a spike to HoD before the close? Could see a temporary move up near $8
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$PCG Told shorts at this PPS to go take their drugs. Glad they're listening by force.
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Senior secured debt is trading pennies on the dollar, increased my Jun21 puts, $6 strike, $PCG will be in penny land before expiration!
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$PCG People actually believe CALIFORNIA will bail out equity holders?
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$PCG bottom is 0. They already announced going to miss debt payment. So bankruptcy is 99.99% on 29th Jan.
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$PCG do people really think the state of California is going to intervene? Clearly you have never done business in this state
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$PCG retarded bulls... they could literally make a ticker named SCAM and they’d buy it up 😂
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$PCG Since it hasn't sold off during most of the session why should be expect a sell-off in the last half-hour??
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$PCG if it sounds too good to be true/too easy, probably is. will squeeze shorts big time even if bk does become official in two weeks?
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$PCG One can only assume that the tears of investors on this board will be sufficient to prevent any future wildfires caused by PCG.
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$PCG Executives should short it off-book, then R/S and offering, rinse and repeat. PCG = Topships Nouveau!
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$PCG There's probably several hundred federal employees who own shares in this. It adds some zest to those goose-egg paycheck Fridays!
$PCG no mention of them missing their bond pmt...tell tell sign they will go they w ch 11 w no bailout.
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$PCG almost exact same pattern as yesterday. It's sad the bag holders keep lining up for fresh bags
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$PCG . It would be cool if the stock market showed Top losers of the day and you were required to upload your face in order to continue on😂
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$PCG this company is done. Love when I see market manipulation.We all know Where the stock price should be both tech and fundamentally. Lol
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$PCG a piece of advice! Buy when there is blood on the street.!!!!!!! Buy now and forget it just come back after 5yrs to thank me👍🏻
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$PCG I am new here and can see the sub 5$ in the near term they missing payments purposely to rob money from Shareholders.
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$PCG Look 👀 at those two red candles for today. Dayum. Institutions definitely getting the fuck out fast
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$PCG Look at this chart - What do you Think happen when they start Selling the ASK volume at any price??
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$PCG it will fall last 30min. People can risk holding this overnight. Might open way down. Just manipulation. Lol
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$PCG
Bought 1000 @ 6.20
sold 900 @ 6.88
Bought 1000 @ 6.50
holding 1100 @ 6.47
$PCG Both sides know it's too risky to hold this overnight, but more to lose on the short side. Likely another 5% pop in final few minutes
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$PCG there has to be some chance of saving company or would be zero already. Short squeeze?
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$PCG price goes up 29th from short covering, or down more bc bk is official?
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$PCG guys just keep your stop loss while shoring.. I shorted in 3 times today.. it could squeeze
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$PCG My take is that it will be 20% down tmrw and 20% day after until we hit $2-3
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$PCG This is a tricky one. Wanted to short at $22, then $25, then $17. Tricky because it was such a gamble due to charts and news. Sigh.
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$PCG pump and dump gotta love that big money doing big money things
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$PCG Same setup as yesterday and folks are still going "its fine... were fine..."
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$PCG Unfortunately the is one of the horrible things that goes on... Big Money gets a coordinated exit and retail gets burnt.
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$PCG I suspect the gap down after close, when average traders cant sell. Gonna get pinched.
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$PCG The bottom is Jan 29th. No idea what it'll be, but I know it'll hit on Jan 29th.
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$PCG $6.45 has to hold for the longs. That's where your intra-day support is.
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$PCG The day long stagnation of this stock is an attempt to allow people to get out of it, nothing more.
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$PCG MR/MS 6.47$ you don't need to cover here, just wait for 2$ your lambo have enough gas for next 2 days IMO
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$PCG What is going on here!! You are literally buying a company that is on fire!
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$PCG They are going into a chapter 11. This will not affect any customers or employees unless they have lay offs. just wipe ou shareholders
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$PCG I would like to find the bottom. I doubt they shut their doors. Californians like electricity.
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$PCG major banks are losing millions, you are right, they will play their trick
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$PCG it is extremely irresponsible, the advice some people are giving on here...
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$PCG don’t listen to the bull in bear clothing. Go look at level 2 and tell me this is bullish!!!
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$PCG The dumping on Level 2 is unreal... If everyone could see this I don't think there would be any Bulls at all!
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$PCG As usual, retail will believe anything they hear while the smart money is buying. Panic selling!
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$PCG thought insurances should do that, as such company sufficiently insured for eventuality
$PCG This is not retail buys. This is 1000% hedge funds and big banks buys. You dumb asses do to see this. They will take this $10 to 12 EOD
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$PCG The smart move for the State is to make some secured loans. That will be accepted by voters and harmed folks will get compensated.
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$PCG's low PEG Ratio, which compensates the PE for growth, indicates a rather cheap valuation. chartmill.com/analyze.php?u...
$PCG ...so if they can continue with better debt situation why we sell it?
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$PCG trying to really understand the situation -- they will keep their business assets and continue business with protection from claim? ...
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$PCG In a BK claimants will get pennies on the dollar if anything. Better to limit liability and make some loans to avoid BK.
$PCG heading to pennies. PG&E misses interest payment on 2040 notes seekingalpha.com/news/34232...
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$PCG I just want it to move one way or another. The currentl movement isnt helping any options
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$PCG Yall gonna be mad as hell when you wake up in the morning.. But ill be back in the morning to collect your tears in my bucket.
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$PCG Can’t you see how they are letting institutions get out 24.000-59,000 shares at a time. It will drop hard the last 15-30 min of the day
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$PCG why did they go through ch 11 in 2001-2004 but the stock remained listed through that period?
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$PCG announces plans for chapter 11, places barricades around headquarters, misses interests payments.
And yet bulls still buy 🤦♂️
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$PCG it’s going to Capt 11, so anyone holding has lost it all. Wait to buy after it comes out of bankruptcy with a new name and a new symbol
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$PCG Market Maker just selling shares they took in earlier. Chpt 11 not truly until 1/29/19 they gave a 15 day notice. Going to $1 by 1/29
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$PCG IF they officially file for BK on 1-29 the equity will be under 1 and this will get delisted.
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$PCG It’s a business that can’t go out of business… It’s not like northern California will live without power going forward
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$PCG Love how longs get all excited when Algos send this up for short spike. in 2 weeks they'll be crying.
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$PCG i know its an hour old but nothing here is bullish, missed 2040 interest payment reuters.com/article/us-pg-e...
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$PCG the bay area isn’t going off the grid forever, so why doesn’t the government privatize this or something? It’s too essential to fail
$PCG Whether it's net asset value is 10 or 30 per share, it's much higher than the current stock price.
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$PCG but yet they didnt pay that interest payment, no reason not to do that unless they really are filing
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$PCG buy this stock for the same price you would purchase a bottled water
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$PCG Have they filed for bankruptcy yet? If not, it is still a toss up. I am a bag holder, getting out now is meaningless. I'd trade options
$PCG honest question, why would anyone in this feed be bullshit? I feel like sometimes people need to take a step back and think logically.
$PCG anyone who shorting now or didn't cover in mid 6s is really dumb. watch and learn idiots
If California comes in and bales this out shorts are going to get smoked $PCG
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$PCG everyone listen. easy money was made last two days. now im saying is to buy now. this is easily going to bounce to 8s
$PCG there is no reason this should be at this price, i'm about to cover and get out completely, somethings wrong
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$PCG Remember the guy with the snapchat manbun spamming yesterday? Hes underwater by 30% now. Dont be him for the next 10%+ drop tomorrow
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$PCG 18B in debt, 30B in potential fines and claims. They won't have enough money to pay out debt holders. Thus, equity will get 0
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$PCG that news of missed payment is just 30 minutes fresh . Give some more times
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$PCG my final warning to anyone negative right now. today will be last day to cover in 6s for about a week or so
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$PCG I am LONG PCG and will do better than any short at this price point!!!! Don't care whether you're Warren Buffet!
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$PCG David Einhorne shorts when he should be buying -TSLA, and buys when he should be shorting -SUNE. LoL
$PCG Guys be carefull .. have your stop loss. MM will squeeze it big before it loose gas...
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$PCG under 1 dollar by friday...I dont know how this company is still tradding at this high
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$PCG I won't be surprised to see David Einhorne come in in the short side here. His Greenlight Cap lost 34% last year. How much loss 2019???
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$PCG Almost time so grab your puts now. Those $5 put holders wanna eat. This is just about ready to drop!! Ala yesterday's close!!
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$PCG is that 15 day notice the last day they can file for BK or is it the earliest?
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$PCG this was pretty flat after huge drop yesterday as well. I think it will open everyday down a lot and then flatten out. Thoughts?
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$PCG The DUMB hedge funds were loading in Dec as the smartest ones shorted. Now the smarts are buying. So they gain at top and bottom. SMART
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$PCG BNN analysts said MEG will probably take the offer tomorrow, give it a look !!
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$PCG Smart HedgeFunds started shorting Nov/Dec. They researched the Cal law that commenced Jan 1st. Dumb funds were buying. Now DUMBS short!
$PCG what’s going on... daytraders have run out of firepower? Volume drying up
$PCG Gut feeling : CA Governor & legislature are going to do something so PCG can avoid BK. BK means bondholders get a haircut too.
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$PCG Holy shit they're defaulting on bonds. This is a worthless company sell!
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$PCG that is why banks analysts told investors to buy set high at $22 which they know will go down
How $PCG can successfully defend themselves in court. Place 90% of blame on Insane Liberals in CA who banned logging & forest maintenance!
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$PCG More than $17 billion of its bonds would be facing default, according to analysts at Bank of America Merrill Lynch.
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$PCG 30B comes out of my ass as a taxpayer what about things I give a shit about or only kettle cooked cheddar egos from the 70s in control.
$PCG That’s a lot of Selling - Buying Volume. The Ying-Yang of Optimism verses Pessimism!
$PCG wenzen20 - why dont you read their reasons for filing for bankruptcy??
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$PCG DMV, insurance, social security, religious organizations and universities. Future gens will look back at this corporate tyranny.
$PCG "California TaXpAyErS wIlL bAiL uS oUt." Lol, how's that working out?
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$PCG As of now no evidence of their fault. When is the investigation report due?
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$PCG I sold some of my $7 jan 18 puts and made more $$$$$$$ still holding 1 jan 18 $7 and some $6 & $4 Feb puts
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$PCG debit straddle in place for next Friday. Just swing big, doesn't matter which way.
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$PCG company failed to make a $21.6 million interest payment due Tuesday on its 2024 senior notes
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$PCG this is trash for both sides. Lol. It’s just going sideways and killing options
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$PCG There are few sure things in today's market. The one sure thing is this stock was declared worthless when they filed for bankruptcy.
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$PCG man this thing needs to just be wiped off the earth along with BRK.A The cold corrupt hands of corporate subsidies are the only things
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$PCG Whats changed?? They said they will go bankrupt now its headed up?? What am i missing here
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$PCG Low to High today = 42% swing....algos now in full control, killing IV and premiums....
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$PCG out my weeklies for +30%. gonna see if it bounces up to 7 again to load more with feb 1 expiration
$PCG so what happens when I want that social security they have been taking out of my slave labor money. Can they just bail. Garbage system.
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$PCG next time they tell me paying for
Full coverage Better Hand me the full cash value to take home with me. Never trust corporate trash.
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$PCG so Insurance companies run essentially a Ponzi scheme? Until a natural disaster ultimately wrecks the average corporate slave in bed?!
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$PCG is there any actual announcement that they didnt pay their bond intrest?
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$PCG the company is in a serious financial problem and ton of lawsuit lined up
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$PCG maybe no bk bc fires rare, so some steps in to finance to stay alive?
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$PCG just watching the movement today makes me dread the day this company came about. If you can’t insure something don’t you losers.
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$PCG If PG&E sold company, what happens to purchasing company? Free of liabilities?
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$PCG going to file bankruptcy for protection of its creditors while reorganizing
$PCG Actually it will go sub 1 very quick. When I was in CBRI it went to 1 cent after 3 months. Chapter 11 tanks stocks
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$PCG Chapter 11 will set aside a limiting amount of funds for law suits to chew on while PG&E raises customer rates to recover. Question:
$PCG what am I missing. Doesn’t this have huge ramifications for the entire market?! Bond defaults will force conservative investors
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$PCG idiots im short and its not goin sub 1 anytime soon , so stop, will take a year to get sorted out as Q
$PCG I can’t believe people bought the pos after all what happened!! Many innocent people died and towns burned to ashes not sure what else
$PCG Keep an eye on $6.33... Its current VWAP and either a bounce or the bottom falls out there.
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$PCG will be under $1 by March. 85 death and people are going to sue this company to the ground.
$PCG plunges for second day after step toward bankruptcy, newsquantified.com/pcg/anal...
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$PCG inthink most bulls here figured it’s droped 80% so it has to go up are buying ... wrong going to be under $1 by EOM
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$PCG -20% on a day is pretty good. Will keep doing that until institutions have unloaded. Be happy with that - too fast will freeze market
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$PCG people were bullish at 24, 17, 8 and now at 6s. how many portfolios has been rekt by this stock
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$PCG Selling could exhaust here. It stands to reason only so many shares can be borrowed — folks universally expect a decline.
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$PCG institutions are slowly unloading on retail while propping prices up .. where did they find so many idiots 😂
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$PCG There’s an exceptionally high level of risk and loss here — but screw it. I’m
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$PCG no one is getting paid except shorts :D
businessinsider.com/pge-bon...
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$PCG the Feb5 put is the same price as yesterday, even though the stock is down 20%.
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$PCG looks like dead money on both sides for a while. guess the 3 day rule is now in effect
$PCG YIKES!!! With Analysts pumping this with an average PT of $32, it sounds a lot like Cramer yelling Buy, Buy, Buy. Where’s the Bottom?
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$PCG What is going on now: Big funds f-cked so f-ing with the price to limit the f-up.
Don’t let their losses be yours. Good deed of the day
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$PCG can’t go straight down. Relax bears. We’ve gotten 70% in two days lol
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$PCG that’s it I’m talking
To their manager. This pump has BK Precum all over it
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If you missed Gavin Newsom press conf on PG&E notice of intent to file bankruptcy. See his responses here: facebook.com/KCRA3/videos/1... $PCG
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$PCG LOL.. People saying massive buys.. Show me... Noone is buying in mass.. Far from it.
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$PCG who is buying this thing man. It’s trading at a higher multiple than MU without any assets?
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$PCG Congrats to each and every short on this board. PG&E is a criminal enterprise. These crooks belong in jail.
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$PCG Sucks that all those buying some perceived bounce are now in the red. SMH. Maybe they not know this is going BK?
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$PCG l2 says on the way back down, but too slowly for puts... still sitting on the hands on this one
$PCG AM shorts were fckd up their accounts. PM shorts will also wipe their accounts.
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$PCG covered our pos at 6.5. The selling are there but seem a lot of buying also. Will be watching.
$PCG Large institutions take days or weeks to unload their positions. Meanwhile, fools buy the "dip"
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$PCG All the bulls from yesterday already got wiped out. Do you want to be like them by tomorrow?
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$PCG It’s a trading shell. Don’t be dumb. Unless you have a state of the art CUDA cluster running a sophisticated algo - don’t be buying
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$PCG EOD sell off will be here soon taking this back to 6 or less. 5’s tomorrow.
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$PCG maybe it runs higher eod to scare shorts into covering, confuse everyone.
maybe they come out and say, haha, j/k about the bk thing
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$PCG I'll be Bullish if it hits 0.05 like Lehman, buy a few $1 calls for 1/1/2021. Otherwise burn this sucker.
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$PCG as soon order shorts bid just ran away and ask at 6.66 became massive
$PCG bulls relying on hopes and dreams here. Its actually hilarious. "Once bailed out- $18" 😂😂 trade the trend folks
$PCG they prop up the stock so they don't get hit on puts??? or buy puts and sell their shares to recoup some??? more questions, hmmm
$PCG I wonder how many retirement funds in CA will be hurt by this destroyed share price.
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$PCG go long, shorts need to cover??? or sell and short because bankruptcy??? those are the questions??? anyone know what's going on???
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$PCG The company opted not to make an interest payment today on its $800m of 5.4% bonds.
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$PCG How fast can MM's get the tutes out of this mess? Sell those shares boys! Only 14 days left.
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$PCG PG&E Stock Hits Record Low, Misses Interest Payment As Bankruptcy Nears....
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$PCG I feel aorry for the bagholders here but I feel more sorry for the people affected by the fire. Deaths and properties bro...
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$PCG $30 billion is how much in damages PG&E could be on the hook for ; The claims are several times the company's market value $5 billion
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$PCG there is a ~95% probability they file for BK on 1-29. The market is paying a slight premium in case it doesn't happen. BK arbitrage
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$PCG very short term chart says it doesn't know where to go, but we know where it is headed. Getting propped for exits..
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$PCG someone is piece-mealing this to make their money back...watch for the big dump later.
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$PCG Back in with some puts, this chart is really ugly. Could get burned but the 300% gainer this morning allows for this...
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$PCG I changed my mind, buy, buy, buy. Once MM get out of their positions, then it will drop to the center of the earth
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$PCG I guess can’t buy and hold stocks these days. I used to buy 1500 shares at $52 for div. now it scared me a lot to look back
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PG&E Stock Hits Record Low, Misses Interest Payment As Bankruptcy Nears $PCG talkmarkets.com/content/us-...
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$PCG In this world nothing is certain but death taxes and PCG going to 0
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$PCG Bulls getting tired here now. That was called the 'The Hedge Fund Rope-A-Dope'. Muhammad Ali style!!! 😆😆😆
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$PCG Some kids (<40) here don't seem to recognize "wealth destruction" as a real thing. Wealth creation its flip side.
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$PCG I took a 58k profit yesterday, but covered too early. Don't let it happen to you. GLTA
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$PCG If you buy anything over a 4 month period thats great but nothing too risky.
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$PCG Also if you are an inexperienced trader. With PCGs current short interest this is about the worst time to buy "short-term" puts
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$PCG Wow, talk about falling volume on rising price. This is going down hard.
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$PCG who says you can`t make money on BK stocks shorty shove it with your Pubic Service Announcements just go cover before 9bux hits
$PCG Hey Shorts remember when I called 7.50? Keep adding to the deadcat bounce I love it.
$PCG I think we are going to see another big drop soon. Lunch maybe...just after?
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$PCG funds are pumping and dumping as expected. This nice little jump is not a good sign if you are long.
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$PCG If they go away, who supplies utility work to California? Is there another company? If not, PCG will be saved by the tax man.
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$PCG Bankruptcy on fixed date 29 Jan. No bailout confirmed. Scalpers having their fun. This is not the only utility company in CA. 5ish tmr
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$PCG Moody’s and S&P Global Ratings downgraded PG&E to “junk” that means UNDER $1
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$PCG 'A PG&E Bankruptcy May Be What California Needs for a Utility Fix' https://www.bloomberg.com/news/articles/2019-01-14/pg-e-bailout-hopes-crushed-as-california-shows-little-interest
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$PCG California is dealing with mudslides in Malibu, I wonder who they'll scapegoat for that one.
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$PCG the Bay Area still needs power, so this company can just fail. Why don’t we just privatize utilities If that’s the case? #FakeBusiness
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$PCG PG & E AI-based analysis - Competitors, Patents, Events & Earnings: zirra.com/auto-memo/pg-e-co...
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$PCG we just need a few more idiots to buy calls so that we can get some cheaper puts at 3:30 ;)
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$PCG loaded up more $8 Feb 1 puts for Jan 29 bankruptcy filing. GG all. Expect lots of angry settlements and arbitration
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$PCG don’t get squeezed shorts... hedge funds will buy this fast.. all the way back up to $17. happened before in an instant after hours.
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$PCG forced to give 2 weeks notice of intent to file BK. Another lame state law called SB901
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$PCG Back to $5.54 you go. Will bleed throughout the day and drop hard at 3:30pm
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$PCG Well...we got our top. Evidence the big blocks selling / shorting here again. That pop was really for their benefit.
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$PCG Don’t cover your shorts until @repmaxinewaters converts to a Republican, in other words $0.0
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$PCG buy the dip!!! it doesnt matter if this is down!!! the fed is free money!! they will pump this like the rest of FANG! buy the ponzi!!!
$PCG , why dont they just file for bk and get it over with ?? why the delay ???
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$PCG the only reason for this “bounce” is you idiots thinking it will bounce. Read the bloody news
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$PCG upcoming expected news: pcg will get government relief and pass liabilities onto consumers.
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$PCG
PG&E Corp. (PCG) Misses Interest Payment on 2040 Bonds, Secured DIP Financing - Bloomberg
damn it's so over
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$PCG If you check last few days, this stock moves in tunnel intraday. Then gaps down big the next day. Tomorrow will be 5ish.
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$PCG hedge funds are out billions, hard to imagine how much longer they expect to hold
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$PCG Hey is that a dead cat bounce I see shorts? wanna increase your position, please do im waiting hahahahah
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$PCG just remember last week same thing is happening this week this will probably be at 10 in a few days and then down to five next week
$PCG Demand uninterrupted power services.. Demand the utilities head 4 supplying uninterrupted services when they should have been shut down
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$PCG good for a daytrade. long term, gotta feel sorry for the longs if they go the route that they tell us they will go. LOL
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$PCG On my youtube channel "Daily Stock Picks" I picked $PCG for buy. I did buy at yesterday close. youtube.com/watch?v=lohEjgM...
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$PCG If Vanguard among other brokers won't sell retail the bonds anymore. Why the hell would you buy the common except for a day trade?
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Can someone please explain why there is so many buyers for $PCG ???? This company is done! Why would you be long on this? Shorting!!!
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$PCG Hey I tried to warn you guys when I sold my contracts for 300% this morning.
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$PCG I mean it did break day high and we are all losing money except for the hands controlling the movement. So I would say
$PCG I would like to express my gratitude to the development teams who came up with L2.. could not trade without it.
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$PCG does the stock go to zero if bankruptcy? How does it play out? Why still $6 in that case?
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$PCG lots of buyers stepping in. Thinking about picking up few thousand shares
$PCG nice bull trap huh?? yup keep buying suckas. what can possibly go wrong? lol
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$PCG Same play as yesterday. Drop at the open, perma-bulls bid up through mid day, Hard selloff as Institutional selling begins at 2pm
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$PCG Nice job short term longs. It is done for the day in my opinion. The downside drop will be greater.
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$PCG ill be back tomorrow to short this again, but for today, ill see you all at 7.50 😉
$PCG, are they gonna file for BK or not? If so, what will stock price be? a big fat zero ???
$PCG 10:23amGov. Newsom and other California lawmakers appear to show little interest in bailing out the company seekingalpha.com/news/34231...
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$PCG Mar 16/8 Put 1x2 Sellers -7300 x +14,600 trades $4.35
(closing spread bought for $1.40 on 1/11 Friday, kudos to this guy)
$PCG It's headed Greeeeen today! Watch as Hedge Funds SHORTS panic and run for safety
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$PCG just changed on E*TRADE to 100% cash requirement. Hello short squeeze to all the shorts on margin
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$PCG damn... this is a good day trade stock. very volatile intraday swings
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$PCG How do the economics of price levitation actually work when facing the abyss?
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$PCG in the room today. BAM sold 6.987. had earlier short as well 6.40 to 6.06. room link: stocktwits.com/r/trading4li...
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$PCG Big shareholders / hedge firms will run it up, buy puts and dump their shares. Rinse repeat.
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$PCG Congrats bulls. You’ve had your fun. Now it’s time for CH 11 reality to set in
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$PCG Betting that government action might actually make all those go away. Whether or not, the stock is worth over $10.
$PCG I bought more $7 puts!! Happy Happy! I'm done now - just going to go about my day and cash these in soon!
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$PCG why is it going up? they doing bankruptcy before the 29th shouldnt it be 0 soon?
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$PCG Just like yesterday... ran during the day, and drops 25% in the last hour
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$PCG well done for the long profits. now it will be time for the drop. could have support around 6. only just though.
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$PCG this isn’t even bad for puts with that massive spread tightening a bit. They can finally market sell
$PCG shorty thinks were buying to hold longterm Jan 29ths a long way away and lots of money will be made before then jus like today
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$PCG Where are the wackos claiming that SP was going to $3.00 to $4.00?
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$PCG bbbbbaaaaaa bbbbbbbooooo yaaaaaahhhhhhh. shorts i made shxt load now lets make it on the run to 10s
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$PCG Your all nuts this is just manipulation it will be down to 3 by EOD Friday
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$PCG my short at 6.25 looks weak now... maybe time to add more short. 💪
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$PCG bk or not theirs money to be made that`s why were here wake up!!
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$PCG Sooooo..., what did I miss? This thing is rising faster than Gov’t debt! Enough of the short squeeze or foolish buying!
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$PCG Morgan Stanley says $13. I say $15 for now, when numbers emerge, you might see $20
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$PCG omg who is buying this turd. bunch of funds loading up to avg down to get out on the last relief rally
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$PCG lol, the halt was to let algos and MM regain control so they can unload this garbage to retail bulls
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$PCG hey guys still holding that contract? Its at 6.80 now just figured id check in with you.
$PCG Still hard to understand why anyone gives HEDGE FUNDS money to invest when these guys a re basically hit-and-miss gamblers!!!
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$PCG There are always those who make a ton in these situations. there are also those who lose it all. Don't blindly buy this crap!
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$PCG When banks are talking about their exposure to this on conference calls, you know that means they are mitigating loss.
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$PCG this is the year that some utilities are more volatile than biotech on a global scale.
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$PCG this will rip hard. Govt will not let this co go down easily, will rebound back to $10, WAY oversold
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$PCG I loaded huge today. Watch and see how I beat the hedge funds....just as I did at MBOT and beat Einhorne at TSLA. Lol
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$PCG at 12:30pm this will slowly bleed, and rug pull around 3:30pm like yesterday.
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$PCG Give it a few days...the Governor isn’t very smart so it could take a few days before the repercussions of a bk sink in
$PCG From Wells Fargo Q4 Earnings Conference Call: Co.'s Exposure To PG&E Is 'Manageable'-Reuters
$PCG Look at all these CLUELESS hedge funds that loaded above $20 now selling at $6!!! OTHER PEOPLE'S MONEY!!!
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$PCG guys be careful spread is really wild. Absolutely no market orders lol
$PCG People didn't think Lehman would fail, yet traded at 0.05 at bankruptcy. Algos won't save you. By next week this will be trading at $2
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$PCG LMFAO!!! These hedge funds are FOOLS. They buy when they should be selling and they sell when they should be buying. Who give them $$$!
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$PCG I loaded huge at $6.08. MS says Equal weight and $13 PT yet IDIOTS are selling. I must sell at $14!!!
$PCG it may get a bit squeezy at times, when a bunch of shorts cover but it will continue to decline...
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$PCG so $6 premium in case in case California bails them out? Me thinks not.
$PCG just brought a nice amount on calls. this is going to $10 then plummet most likely
$PCG Buyers are being silly.. Look at the spreads... more people wanting puts than they are selling them...
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$PCG BREAKING NEWS: Chapter 11 was really just a reference to one of Stephen kings many books
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$PCG I need this to drop to $1 by Friday so I can book my trip to Miami and chill on the beach for a week !!!
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$PCG Captain just jumped overboard won't go down with the ship something about parachute clause
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$PCG buy puts, sell puts, profit, repeat. Too easy. Pretty much made back all my losses from Oct-Dec.
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$PCG seems stupid not to grab a few shares here cause what if it goes positive, you won’t get another 90% off deal.. but it’s risk
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$PCG Hedgies loading the Jan.18th $4 Puts. Just follow the money. Clear as day what the expectation is here.
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$PCG don’t fool yourself this is one bad stock and if you are smart you are buying puts. Look what happened to sears.
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$PCG they will be bailed out. No way they’re going through with this bankruptcy
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$PCG Bears are in for a long ride if they think this will go to zero. 30B is an overstated number. Need actual numbers to see where PCG is
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$PCG 15-Mar-19 ATM Implied Vol Decreases -3.8% to 157.1. Straddle Implies a Move of ±49.9% marketchameleon.com/Overvie...
$PCG stock price of pre-BK shares will equal zero, ask pre-bailout GM pension holders... Sure, the company will survive, but not your share
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The problem isn’t keeping the lights on at this point, it’s the cost to the consumers and employment $PCG nytimes.com/2019/01/15/us/c...
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$PCG The dagger will be the 29th if they go through with it.. will be good swings both sides till then
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$PCG Morgan Stanley trying to save their friends with a bump before this dies.
Analysts are crooks.
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$PCG 13 dollars price target at Morgan Stanley I don't get it anyone have an idea
$PCG looks like they trying to hold it above 6 for now.
Gonna be a nice bull trap
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PG&E's PT cut by Morgan Stanley to $13.00. equal weight rating. marketbeat.com/stocks/NYSE/... $PCG
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$PCG I don't think any bull has any idea how chapter 11 works... this will go down another 80% and there will be restructuring
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$PCG some of you should be totally ashamed of yourselves. Its past profits-about ethics. Bullish not for the money but for the backing.
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$PCG Any share holder that doesn't want 100% losses need to exit before bankruptcy
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$PCG ouch rekt. Utilities safe haven huh? Some poor soul got caught without diversification for sure...
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$PCG what’s happens to Bulls Bullish crap junk brain longs on this stock
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$PCG show some class- even if you have to search really hard for it- this is a state of emergency, and lives were lost.... #karmaforgreed
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Fly Intel: Top five analyst downgrades - $PCG - thefly.com/landingPageNews....
$PCG Tuts are trying to hold it above $6 to dump their shares on retailers!! Please don’t fall for it..
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$PCG bought 5$ puts for 01/25. Sold for a 18% gain for a second trade today. Love this
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$PCG ch11 bk play..ive seen most of these almost get full recovery on the bounce.. im in for quick gains
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$PCG Scalping a bankruptcy play is like vultures scavenging extra carcasses while the lions are finishing their prey. Get the real meat 🍖.
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$PCG this can go to $0.10 and California will still have gas and electric lol
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$PCG I’m long. Don’t care if this goes up or down near term. LONG
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$PCG California is broke there pensions are a disaster and the problems are just beginning
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$PCG My suggestion is limit your loss while you can. It gives you an opportunity to invest and make money again. Pretty simple!
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$PCG the reason why it pauses at round numbers is because some shorts buy to cover. Imo this is going to be around 1-2$ very soon
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$PCG Sold the 8 dollar puts from yesterday for a 300 percent profit at about 5.40. I'll take it..
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$PCG Will go into receivership then years of lawsuits and then broken up
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$PCG Trying to catch a falling knife 🔪 you’ll get cut to pieces, good to catch the deadcat bounces before $0.00
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$PCG Just wait until last hour or so and the MMs will let it drop just like yesterday.
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$PCG When this dropped to 37 and back to 42 I thought, allot of people made a lot of money. Now, the opposite. Glad I'm on side lines.
$PCG so far my sub 1 prediction works out. will be bailed out at cents, I want to make a million on it.
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$PCG Realistic take... It's obviously not going to $0, but the recovery value could be 20-30% less then current SP.
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$PCG Morgan Stanley maintaining this POS at equal-weight, price target lowered to $14. Do they know something we don't?
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$PCG kinda funny these guys did a bk in ‘01. Think those who held through ended up ok
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$PCG wait for the real capitulation, going to be real fire-sale prices eventually
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$PCG Talk some logic & be real. Just writing some bullish words & giving baseless explanation won't rocket price in situation like this.
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$PCG Tentative "bulls" looking for a good entry point should just bend over and back up to the mirror. To URANUS and BEYOND!
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$PCG People who buy this deserve to lose every penny. It's a learning point for early investors
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$PCG Makes absolutely no sense to buy. Guess some people are just gluttons for punishment
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$PCG whats a good entry point, usually massive collapses without 100% factual news make a solid bounce
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$PCG Wall Street saying they bluff trying to get a bailout, I think they just kill them self with the bluff
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$PCG If you aren’t an algorithm - you shouldn’t be buying this. Don’t be stupid. 🤖
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$PCG soon as level 2 flips will be tempted to jump on short but not yet,
$PCG I think it’s funny how tutes editing propping Up price and retailers buying those shares
$PCG if you havent seen how a bankrupt company trades, the volatility is very high, large bounces but even larger drops.
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$PCG get out while it hit todays high. shareholders may have sold already. I have lost a ton on this but im not hanging on im now bearish.
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$PCG Looks like big money is manipulating this stock to create false impression for longs &to get back lost money (if they were long before)
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$PCG wow that’s messed up. 0 consideration for retail. They all get rich tonight except for you. The money hands always win.
$PCG HAHAHA FUCK YOU GUYS CATCH ME AT 7.50 WHEN I SELL MY CALLS MOTHER FUCKERS
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$PCG f’ing BS.. could sell my puts fast enough this AM. profit is profit
$PCG closed literally 5 seconds prior to halt... fortune shining on me today
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$PCG Government is weak, its much easier to do a bailout that listen to 16 million voters complain about $400 utility bills.
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$PCG Can only imagine its manipulation and market Euphoria.... but that won't save this. It's dead.
A lot of hedge funds got long $PCG in the last year, including the great Seth Klarman WSJ A1
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$PCG Well scored money dont make money.. I missed out ... lol Had 1200 share at $6 cashed out at 6.20
$PCG Don’t fall for these spikes they won’t last again just MM’s letting big institutional investors out at higher prices. EOD selloff again
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$PCG i bought call contracts for $7 as a joke and im literally squealing at the fact that uts working rn HAHAHAH
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$PCG this stock will never rebound lol get out with whatever you have left you fools.
$PCG I’m doubling down on this.
Totally Oversold...The trucks are work more than this.
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$PCG Massive retail short squeeze and put option selling to close. Piling on negative sentiment without DD.
$PCG How is it not in the 4s? Are institutions just taking their time so they can all get out?
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$PCG channel between 6 and 6.29. any serious breakout above or below is time to trade
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$PCG This is essentially s penny stock now and can be manipulated so don't be irrational.
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$PCG NEWS OUT ... bagholders will get the opportunity to purchase shaes of the newly formed company out of BK .... LMAO
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$PCG i think this will be like yesterday. big pullback early morning then controlled selling the rest of the day
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$PCG I owned Cenevo and woke up to bankruptcy announcement, took 10 minutes at market to sell, at $20 you had time so if you held, on you
$PCG California will have no choice but to do a bailout... energy infrastructure is already collapsing.
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$PCG this is unfortunately going down further today. Sad for the shareholders.
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$PCG I bought in at $24.76, should I continue to hold or will it bounce back to $25? Serious feedback only.
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$PCG it goes up.
I’m a business man. I properties all over the US. You can’t recreate that kind of infrastructure. It’s worth more that $6
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$PCG Halted no one trading. It will plunge again fast now, I have seen this before. Newsom has left this shit, read latest article
$PCG I’ve never had the pleasure to short such a garbage stock when will trading resume never seen this code M before lmso
$PCG sold my $7 put contracts this morning for 300%. This one will be gun to ride up and down
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$PCG no halt for news!!!!!! just volatility geez guys - not all halts are the same
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$PCG short ratio is 1.72 at 2018-12-31 and short % to float is 2.98% sunshineavenue.com/stock/ via @sunshineave
$PCG This has more than the average volume in the first 10 minutes of trading!
$PCG halts only happen when the action is too fast for the algos to keep up...
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$PCG 1. It’s a volatility halt and 2. It’s inevitably going to a buck this week
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$PCG I wanted to short the heck out of this today but I got lucky yesterday out just it time not testing faith today just in case 😎I watch
$PCG my apologies for the last post, halt was for volatility, not corporate action - i thought it said M1 - no news coming
$PCG lol covered my puts just because they had options not working for first few mins
$PCG Robinhood operation: 1) scare people out of their options. 2) let hedges bump share peice. 3) liberate puts from retail
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$PCG MM’s raised it again to let institute s out. It will close is n the 5’s today. 3-4 tomorrow.
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$PCG Longs & Shorts should both be worried here.. THE WHAT IF FACTOR... Shorts... we know what BK brings... what if news... what if bailout?
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$PCG trump let california become third world state. Do not bail this company out.
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$PCG Dying stars are violent before they get sucked into the black hole 🕳
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$PCG This is going to start a computer fire at wall street or has it already 😎
$PCG if a life line is thrown. Bears will be jumping off a cliff. Short load is massive. watching as a bystander. GL bulls!
PG&E Corp. $PCG halted on volatility after plunging another 28% on BK fears
$PCG Give it until next week... Government will realize this is in their best interest to do a bailout otherwise they're fked.
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$PCG I took a 58k profit at 8.80 yesterday. Sure wish I was still short. You guys are the best.
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$PCG WTH is the rise now? Locking in some profits before the next leg down.
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The Forward Price/Earnings Ratio of 2.10 indicates a rather cheap valuation of $PCG. chartmill.com/analyze.php?u...
$PCG Then will take by end of week to reach $1. CEO knew that its finished. SH wont get shit, all liquidation will go towards lawsuits
$PCG Like rats fleeing a sinking ship. JMO but, still a potential BK at this point. Not taking a chance & buying, still..Has to be said.
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$PCG made $205 on each of my $8 puts just to be safe! $7 puts still in play (10).
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$PCG "Inverse Condemnation"
The Big Boys missed its extreme SH liability exposure
Tiny CA newspaper in Aug 2018 caught it
PG&E is dead.
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$PCG so obvious robinhood is a patsy platform for hedge funds. They lose RH glitches
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$PCG I don’t know about you guys but I’d say that I fucking nailed this..... #daytrading #stockmarket
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$PCG surprised puts are not moving much. I suppose the drop was widely expected
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$PCG WOW... This has been a straight up tank to the abyss today. No recovery. Finally it's real in peoples minds.
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$PCG my options were up for market then crashed to .01 on open on Robinhood? What the deal
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$PCG "Inverse Condemnation"
Intentionally pits SHs vs Homeowners
An historic move into true Socialism.
Other states will employ it.
Historic
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$PCG - trade-ideas.com/ticky/ticky... - Ouch .. that is going to Leave a mark - Down 27% for the day.
$PCG - trade-ideas.com/ticky/ticky... - is trading Down Significantly Today - Down 27% for the day.
$PCG Got my hotbutton keys ready to go. On your mark.....get set.......GOOOOO!!!!!!!!
$PCG the only buyers are short sellers covering, the rest are major players selling for whatever they can get.
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$PCG -23% last weeks 5000 put block buyer nailed it www.premiumtradingnews.com/options-database
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$PCG CA Gov't may or may not change "Inverse Condemnation Law" but it won't happen by Jan 29.
PCG = Unknown Symbol
Guaranteed.
$PCG I can’t believe there were still dumbasses buying this at 7.80 this morning
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$PCG CEO had to jump in order to sell off shares granted while in office.
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$PCG How low does it go? In 2001 after BK, what was the low? Cant find charts that go back that far.
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$PCG U're betting that people will remain ignorant of:
"Inverse Condemnation".
Some will, but that is one risky bet.
$PCG I still don't understand why it took so long for reality to settle in with investors... 'efficient market' my ass
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$PCG * PG&E stock downgraded from Buy to Sell by Argus.
thestockmarketinfo.com/anal...
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$PCG if you still believe this going up well yeah once it goes go .50 cents it might hit $1 max
$PCG
True.
All of the "Big Boys" failed to notice the Goliath of liability called:
"Inverse Condemnation".
Amazing
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$PCG shut the lights off on everyone. Let’s see what CA does then. LOL
$PCG who's buying this trash? Give me your money, I'll put it to better use...
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$PCG Who the hell is buying?? Not that there are thousands other stocks that are not going bankrupt you can buy 🙄
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$PCG approaching 6.50. Wow! Glad we got those 7 puts yesterday. :)
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$PCG everyone is dumping lol. If shareholders were liable this thing would be priced at like $-20
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$PCG As a reminder.. Chapter 11 will take everything from you. Dont lose thousands like I did in CBRI!!
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Analysts that had PG&E $PCG Rated Buy going into BK this week:
Evercore
DB
Citi
WFC
Macquarie
Argus
BofAML
JPM
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$PCG quit buying. It’s going bankrupt. No bail out. California green initiatives has made this obsolete business
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$PCG When the dopey video clips begin in earnest, you know the END has arrived!
$PCG my coworker, who's close to retiring, told me he had "a bunch" of PCG because he was told utility companies were safe investments...
$PCG I can't believe CEO bailed out on PCG. Execs should be prevented from doing so in cases like this.
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$PCG This is why 99% of the bears sold rather then hold at the end of the day calling a drop not a pop risky business today
$PCG I’ll say it again, said it yesterday.. never catch a falling knife. (No position)
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$PCG What is it worth Zero What is its debt load Billions Where is it going to ZERO
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$PCG Anybody invested in EIX must determine the actual Woolsey Fire damage costs as EIX will be 100% liable.
$PCG the moment I write 25 calls at 9:32 the thing will pop. Just my experience.
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$PCG jesus, time to take a massive margin loan and short this to the ground!!!!!!
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$PCG San Diego Gas & Electric Co is being FORCED to pay all damages from "Inverse Condemnation".
Proved they were in 100% compliance
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$PCG tax payers will pay if it goes bankrupt or not, the only difference is they’ll avoid $500 utility bills
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$PCG What else would you expect from Rupert Murdoch? I need ALL of you to email the journalist bellow. This story is good 4 me, but wrong!
$PCG They are trying to hold it up right at pre market lows... if it loses that level its going much lower
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$PCG Le dang! Couldn’t take the $9 put advice because I work for a conflict of interest company
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$PCG CA will become the 1st, 100% State run power grid in the country.
It is the very intent of "Inverse Condemnation".
EIX is next.
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$PCG Margin call day 2.
Selling will accelerate by Thursday, shares below $5, funds forced to sell. Then pinks on day BK official. GET OUT!
With all the news around $PCG, analysts are looking to gauge exposure.
We are doing a search for 10-K mentions of "PG&E" or "Pacific Gas"
$PCG 100% guaranteed PCG = "Unknown Symbol".
Getting $0.00 is a blessing.
CA Bolsheviks want your home as well.
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$PCG not even 930 and 6s are printing with over 2MM shares traded. Puts = $$$
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$PCG is a far superior (progressive) utility vs 90% in the country. Go to small town/rural USA and checkout their uitilty Co's.
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$PCG Forget about Puts, Calls, Shorts, Longs, etc.
"Inverse Condemnation" FORCES a Bankruptcy by PG&E.
They have NO legal recourse.
$PCG
"We did start the fire,
Well we didn't fight it but we tried to hide it"
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$PCG either way it’s going down
If pirater doesn’t sell
Others will short this
$PCG if you're new to trading, I would think about using the 3 day rule on this one
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$PCG Understand.
EIX is 100% liable for The Woolsey Fire.
"Inverse Condemnation" provides no outlet for them.
EIX will pay for the damages.
$PCG Common shareholders can lose everything and this company can still operate in Chap 11 FYI.
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$PCG where is that guy who laughed when I said it will go to $1 ..... you will see .... GDLk lol
$PCG BK's tend to bounce ALOT in their dying days! BUT Make sure you hold your puts!
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$PCG "Too Big to Fail" only true under State owned Socialism.
"Inverse Condemnation" allows state of CA to become a 100% socialized utility
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$PCG i be buying $1-2 puts soon when they get them out for sale.. damn i was thinking of buying $10 puts when it was 20’s .. Fm!
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$PCG Bulls - Read my lips - The Company will continue to operate but the shares will be worthless - bondholders will take it over..
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$PCG any way to know the value when it's in ch 11? Can't go to zero. They still provide a huge service.
$PCG Amazing that Big Fund Families (Vanguard) weren't aware of their 100% liability exposure under "Inverse Condemnation".
CA kept it quiet
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$PCG Shorts are going to get their teeth kicked in, California has no choice but to do a bailout
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$PCG "Inverse Condemnation" had been kept under-wraps to prevent a mass exodus by investors.
It was out there and Federal Courts support it.
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$PCG Unless, and only if, CA Gov't revokes "Inverse Condemnation" can "PCG" survive.
Would be sued from many angles for that.
EIX is next.
$PCG bearish but still believe they will be bailed out as 2/3 of CA is a PGE customer. Where else will lights be on from?
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$PCG via "Inverse Condemnation" in CA had ZERO options. They could prove that they were in compliance but it wouldn't matter. 100% liable.
$PCG is like a plane on auto-pilot with both pilots incapacitated. It's going to ground zero, we just don't know the exact time.
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$PCG i love to catch falling knives, but this is actually going to zero
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$PCG "inverse Condemnation" could end all investor-owned utilities if the other 49 states also pass the same law.
Capitalism to Socialism
$PCG "Inverse Condemnation" places all liability on the investors in a CA utility even in 100% compliance with all CA Reg's & Policies
$PCG I’d imagine we’ll get a fresh group of new pumpers in here today
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$PCG WILL collapse because of this ONE law:
"Inverse Condemnation Law" in CA Constitution.
Investor utilities are liable despite compliance.
$PCG gap down to sub $6? I should’ve loaded these puts... being conservative due to spread
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$PCG who knows when, but government will bail them out. Not gonna close a company that provides power to an entire region.
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$PCG how is this not a penny stock already when they have declared definitive plans for bankruptcy Jan 29?
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$PCG being found culpable in the death just killed this company the lawsuit is going to destroy what is left if they lose appeal. $3.50 nAV
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$PCG buyers all gone now watch that tape everyone trying to get out , fast drop at open looking that $4
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$PCG watching for another bounce opportunity. Yesterday I bought at $8.50 and sold @ $10. Bounce to $9?
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$PCG this stock will rise.. someone surely will bail them out. 100 shares buy is not a bad idea imo
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$PCG basically said it will take up to 2 years to get out of bankruptcy... going to 0 fast
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$PCG 2019 biggest gift for traders. The thing Is it’s still in play because so much room for downside
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$PCG CA is a firebox. If the facilities are passed of to the state, they will still have the same issues. The regulators know this. NO WIN
$PCG bags will pump u to place a bid
&
u become the instant owner of their bags💯👎🏼
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$PCG For the love of God, please sell longs. I've been on your side and lost my ass. Seriously, I'm just trying to help you.
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$PCG (-10.7% pre) PG&E restructuring highlights arcane California legal rule - Reuters
reuters.com/article/us-pg-e...
$PCG But analysts don’t expect shareholders to be wiped out.https://www.bloomberg.com/news/articles/2019-01-14/who-could-get-hurt-by-pg-e-s-fire-driven-bankruptcy-quicktake
$PCG One of my friend's lost their house because of this POS company. Bring it to the ground y'all.
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$PCG this is going to zero sooner rather than later! Don’t be stupid to catch a falling knife!
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$PCG just angry only brought 7k in puts and shorted from low 10s 5k shares. Should have gone all in this garbage
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$PCG We're paying about 6-7c per kw/h where I live on the East Coast.
PG&E charging some Californians over 15c! What a great place to live!
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$PCG Yep, I want to live in New Orleans below sea level, in Houston, which is built on a swamp, and in a dry forest in California. STUPID!
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$PCG Yep, build a house in a forest, on the sea shore, on a flood plain and then want to be bailed out when disaster strikes. What Bull Shit
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$PCG big guys buying insurance and bonds 2 try to hedge b/c they can't sell ! MMs know common stock = $0 .
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$PCG And the lawyers will get rich. Hard to see or understand the benefit of all of this.
$PCG If Californians want to put their utilities into bankruptcy, fine, but the ratepayers will be footing the bills anyway.
$PCG - trade-ideas.com/ticky/ticky... - Tanking Pre Market the News is Out - New premarket low.
$PCG now they hold them legally responsible for forest fires in places where no non-regulated business would have ever provided service?
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$PCG As a regulated utility, PG&E is forced by law to serve all of these customers, despite the fact they live in the middle of a forest.
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$PCG Something just happened. The dumping is picking up here now.
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Bloomberg just reported that Vanguard has a 415MM muni-bond holding n Baupost is buying 1 billion in insurance claims to hedge their $PCG
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$PCG the Buffet puppet isn't coming to the rescue until $1-3 he only likes to steal company's
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$PCG 6.61 low this morning ! Bettter be careful that's 1.20 lower before most people could even trade here!
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$PCG Fitch downgrades to near junk status wooiow only the start now and get ready for big money for shoets
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$PCG looking for the panic sell and it will happen when it opens will the margin calls and buyers who want out
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$PCG only idiots trading this are penny stock daytraders who finished their T3 trading courses, LOL. Just buy puts n get rich!
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$PCG californias dream is to be off grid. Learn to live in the dark libtards.
- 1
$PCG is this still at 7 .... Lol hoping to see 6 and below levels today
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$PCG sounds like company might keep trading and stock may not go to zero during reorganization.
- 1
$PCG Bankruptcy can be easily avoided with the help of Newsom. The business is healthy, the liability burden is not.
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$PCG sold on stop and switched sides to hedge bet. Will Buy once bottom is in
$PCG silly bulls, going through BK & they want a short squeeze!!! 2nd day? lol ... PLZ make sure its above 8 by open or low 7 in minutes
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PG&E downgraded by Argus to sell. marketbeat.com/stocks/NYSE/... $PCG
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$PCG just got message from Morgan directo. Said GTFO of PCG if your holding
- 1
$PCG he who volunteered to chapter 11 even if not true will sub-consciously be fulfil the Wall Street way with short piling. Best short 2019
$PCG stock acting like a chicken with its head cut off! It’s going to die eventually
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$PCG Reminder it’s socialists California y’all are dealing with, shareholders are considered elitist. Remember a deadcat stops bouncing 🛑
$PCG Rothschild vice chairman resigns from PG&E board.
finance.yahoo.com/news/roth...
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$PCG only one solution; they’re going to have to raise prices A LOT. only kidding. How bad can it get? I think we’re there.
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$PCG $1.5 billion in cash/equivalents as of Friday. said it doesn’t intend to make an interest payment of about $21.6 million due Tuesday
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$PCG The barricade outside of the facility at headquarters was more than telling.
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$PCG If holding a bag, $7.50 is an amazing price to get out and still have something left, especially considering where it will be in a week
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$PCG I’ve made the mistake of buying the dip on scenarios like this before. Even with bailout which unlikely slow bleed. Puts are looking 💰
$PCG those are the worst. Bleeding a few bucks a day. Giving you the impression it can only go up from now...!
$PCG serious question. Why would anyone still own this? Hope of shareholder value post bankruptcy filing?
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So 40% of the state use $PCG so what they going to do just change an start using a diff utility company😂, below $5 an im buying,
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$PCG I recall people buying Bear Stearns as I was short going into that weekend of the collapse. Bear closed at $34 that Fri and opened @ $2
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$PCG bag holders still buying. That’s crazy 😜.
If you don’t like money 💰 send it over to me . Make me a donation.
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$PCG One thing overlooked is that with all the claims, this stock could be halted at any moment and open at .02.
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$PCG MM’s still letting institutionalization out at higher prices pre market. It’s gonna end the day below 7 heading to 5 by Friday or less
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$PCG we know the price of stock goes down in a BK and it gets delisted under $1, but we remain shareholders when it comes out of BK? Yes?
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$PCG equity shareholders will be wiped out in the process. Get out while you can
$PCG the BK isn’t final. When they rule it out this’ll pop. Everyone is trading on a rumor right now.
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$PCG don’t listen to anyone in here telling you to but this trash
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$PCG it has still value folks....they own interesting buildings in SFO, SAN, LAX....analyzing entry price....but definetely today.
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$PCG No position here ever but what happened in California was a huge f-up by them. They should have the staff to maintain their lines and
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$PCG Really sad to see ppl still clinging on hope.. this has only direction - BK!
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$PCG The one good thing here is at least they warned shareholders. Bear Stearns didn’t.
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$PCG folks this stock is toxic. Why would any one buy shares knowing they r filing to BK on or about January 29. No bailout, only Bankruptcy
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$PCG if you liked it at 8.50 and love it at 6.67, you’re going to go crazy when we hit 5 this morning!
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$PCG seriously guys what happened to techsmart? Wasn’t he on suicide watch?
$PCG's PE Ratio is rather cheap when compared to the industry average which is at 19.56. chartmill.com/analyze.php?u...
$PCG i haven’t read a single thing suggesting anything other than this is going BK, shares to 0, no legislative bail out
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$PCG it’s gonna come back. You can short the skin off on it if you like.
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$PCG Retailer short-sellers to be squeezed out soon - 100% returns coming soon. Start accumulate at $7.45 -> Exit at $15.00
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$PCG they were charging monthly bills of 200-300$ which otherwise should be 100 or less. Karma hitting with fire in their pants
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$PCG Why isn’t this a penny stick if filing for BK? I’m assuming nobody believes they’ll actually file!
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$PCG as they hauled Bill Cosby away to jail he said "At least I dont have shares of PCG!"
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$PCG Don't worry, PG&E isn't responsible for the fire. It was caused by a lack of raking! imgur.com/r/gifs/KEeezJQ
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$PCG look at there bk history, shares bounced back every time. Plus, there are too many heavy hitters holding this to let it get wiped out.
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$PCG I wonder if Erin Brokovitch is back on a case here. She must be licking her chops.
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Shares of PG&E pop after regulator eases fears of bankruptcy - CNBC
$PCG apple.news/AHJ4H4yfdThmlruV...
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$PCG do people think bailout or buyout will make stock prices soar? Even with those scenarios this will be a penny stock but still operate
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$PCG Should continue its run to $1 dollar with dead cat bounces along the way
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$PCG The only possible solution is to break it to smaller municipality but these small municipals wouldnt want to be liable aftrwards
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$PCG So Either way what will happen next year? Its not like penalizing PG&E will stop these fires.
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$PCG yup so these guys are the only people supplying power to a large part of california. Either buyout or recovery the only possibility
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$PCG: Comparing the growth rate of the last 5 years to the rate of the upcoming 2 years, we see that the growth ... chartmill.com/analyze.php?u...
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$PCG What would happen if the investigation report came out and said that PG&E's equipment did not cause the fire?
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$PCG 2017 = massive wildfires. 2018 was even worse. This is a product of nature, not neglect.
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Newsom: we will trust but verify $PCG as they haven’t proven trustworthy in the past
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$PCG 15-Mar-19 ATM Implied Vol Increases +38.7%. Straddle Implies a Move of ±51.9% marketchameleon.com/Overvie...
$PCG Smart 'bagholders' here will sell their bags to new holders before its too late
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$PCG in the 2017 Santa Rosa fires, the state increased prices to consumers to pay for their liabilities. This time around, hell No.
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$PCG Buh-bye!! Funds unloading...float too big for foolish retailer to lift. Put a nail in it. Short and Puts from here on til graveyard!
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$PCG why would this trade at anything above a few pennies? Company gave everyone a chance to get out at 8–10 at least.
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$PCG this company is done. Will buy when they exit bankruptcy and issues new shares
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$PCG On my radar for swing trades. You don't want to hold long term. Prices will continue to drop, but with plenty of spikes along the way.
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$PCG Put options are your best friend!!! Buy all you can six months out!!
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$PCG no position here. But must wait for the filing. Serves 2/3rd California. 🤷♂️
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$PCG How can a company going BK be at $8? We are going to $1 :)
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$PCG for that are still hoping for a bailout - looks like that’s out of the picture. http://www.bloomberg.com/amp/news/articles/2019-01-14/pg-e-bailout-hopes-crushed-as-california-shows-little-interest
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$PCG think about it, if it was a sure thing to short and everyone shorted it, wouldn’t that be free money for everyone? Bot’s will fool U
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$PCG I loaded up on Feb 22 Puts. $7 and $5 (all from 25% profit off of my Feb22 $15 puts I cashed out)
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$PCG why would people invest in this garbage now please guys there is no hope in this
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Moody's downgrades Pacific Gas & Electric to Caa3 & $PCG to C; outlook is negative
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$PCG anyone hear that Fitch downgraded to junk status C from BBB- ?
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$PCG wouldn’t expect the company to close but it’s going to get a lot worse before it’s better in its value.
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$PCG lets think logically here. Would a bankruptcy non solvent company pay better or one that is profitable and paying over the next 20?
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$PCG how are the preferreds still at $15? The common and preferred will get wiped out completely.
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$PCG has said it doesn’t intend to make an interest payment of about $21.6M due Tuesday on 5.4% senior notes due in 2040.
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$PCG guess no hope here.
PG&E Bailout Hopes Are Crushed With California Showing Little Interest https://www.bloomberg.com/news/articles/2019-01-14/pg-e-bailout-hopes-crushed-as-california-shows-little-interest
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$PCG not their first rodeo! Customers will pay higher rates and eat the costs! Or bail out! Not going anywhere.
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$PCG .When many people want to get in on the deal and end up getting their ass kicked shorting themselves.
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$PCG
Research: Rating Action: Moody's downgrades Pacific Gas & Electric moodys.com/research/Moodys-...
$PCG my lights turned on when i got home from work so that’s a small silver lining
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$PCG Just watched the conference. Seems like there is still hope for legislative rescue, however small that is.
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$PCG Not sure further downgrades will mean much in case of CH11. Fitch from BBB to C, S&P from B to CC and Moddy's again from BBB to C
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$PCG No forest management but desert rats demand power... sounds like this guy should be in charge
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$PCG After watching the conference, it seems like the governor is working around the clock to prevent Chapter 11
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$PCG This is looking like a falling knife. Wonder how many are shorting? Hmmm.
$PCG Newsom seemed very ready to work with PG&E in his press conference. He was quick to snap back that they are not yet in bankruptcy.
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The Latest: California governor says PG&E not trusted player $PCG #PCG marketbeat.com/articles/the...
$PCG I have a feeling they will get bailed out somehow. Same shit that was done with the banks
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Newsom responds to $PCG BK filing. 3 things in mind w/ future $PCG decisions: Safety, reliability & affordability. facebook.com/KCRA3/videos/1...
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$PCG load up target <8.05. 1/3 position. Keep target sell orders at 10%.
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$PCG Stupid PGE. Instead of spending few millions to hire inspectors to check fire danger before it happens, now filing for bankruptcy.
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$PCG it's been dying since 2016. This is just the double tap. Govt can't keep bailing out private entities.
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$PCG Nasdaq and SEC should halt trades lol. I knew it. GLTA invested u'll need it
$PCG @Tad_Doughty your posts killing short hopes. Stock will skyrocket on bailout hopes.
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Newsom: 3 things in mind with future decisions with $PCG: Safety, reliability and affordability.
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$PCG Back when I called it SHORT I warned BOTTOM was ZERO /Buyer Beware as Nothing is Bullish here. There is reason I have 2300 followers
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$PCG My SHORT alert on 11/14 up 70%+
This was obvious I'm a REALIST saw it MILE away...
Enjoy your Massive loses u Desperate Pumpers
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$PCG someone holler at me if this looks attractive again. I sold my puts that I bought for .18 for 3.88
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$PCG Daly City, San Bruno pipeline killer they were responsible for? Skated. Passed costs on to it's customers. Same will happen here IMO
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$PCG Nothing to see here, folks. Short or move on. These bulls are delusional...
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No mention in presser so far from Newsom about $PCG or CA utility inverse condemnation rules...
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$PCG Bankruptcy is imminent. California law requires a company to notify it’s employees 15 days prior to bankruptcy filing.
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$PCG mind boggling how many people know so little about bankruptcy. Time this right and you’ll make >50% return. I’m targeting 20%.
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Question from reporter - should CPUC members resign as a result of $PCG challenges?
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$PCG Wait til it goes to 5. then buying back. This time next year they'll be back having been protected from criminal and civil suits. IMO
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Newsom: Still committed to climate change goals of administration & no short term alteration based on $PCG news
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$PCG Why so quick to go the BK route? Formal charges had not even been filed yet. An investigation, trial could take YEARS. Another scam.
Newsom: considering options legislatively. No determination on securitization of liability or bailout. $PCG
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$PCG This bloated, self-centered, irresponsible company will weasel it's way out of a BK. Too many connections, too many in it's pockets.
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Newsom: We expect and demand change to BOD. We are assessing options to reorganization including asset sales etc. All options on table $PCG
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Newsom: PG&E largest state utility and with service area coverage the size of Florida. Represents 75% of most vulnerable to fires $PCG
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Newsom: Strike team of Dept of insurance, CPUC, CalISO and chaired by chief of staff RE: $PCG
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Newsom: we're not in a position where we're concerned about lights turning out. $PCG
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Newsom: $PCG not filing BK yet - just notified of intent for BK. This is not 2001, we're not in an energy crisis.
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$PCG Newsome spoken. I think The bailout plan will come soon. Tomorrow will gain few bucks.
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$PCG opens at $7.25. Pops to 7.50 and then it trends lower to close in the high 5s
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$PCG largest monopoly in the largest economies in the world. Come on. People treating this like Enron. LOL. I’ll be posting my load up tue
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$PCG the stock is worthless and will be delisted in coming weeks. Buy puts for February.
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Newsom: we will trust but verify $PCG as they haven’t proven trustworthy in the past
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$PCG Just so EVERYONE gets it. Your bottom of the food chain in re-organization.
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$PCG don't have leader, all employees already know news & they lost motivation... ONLY longs r motivated to hold this til end
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$PCG unsecured debt will be moved to creditors. Liquidity still in tact. And California legislators likely to step in. History will repeat.
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$PCG sec.gov/reportspubs/investo...
Read. It's SEC publication about Bankruptcy.
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$PCG the biggest opportunity in a lifetime. Loading up. Lot of novice investors don’t understand the tremendous value here.
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$PCG wooiooow margin calls for banks tomorrow and it equals massive selling watch and seeeeeee
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streetinsider.com/dr/news.p...
$PCG bears need to read this. RESTRUCTURING WITH BANKS LENDING PCG MONEY
$PCG no position just curious, if PG&E goes under, who will be the new power supplier for California? Will a new company buy their lines?
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$PCG holy bears... I’m far from bullish, but today was the easy money bears. Don’t think it’ll just drop to 0. No “easy” money in the market
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$PCG Covered some for risk mitigation. Must capture some gains to live another day. Still a large @$$ holding, too much for my own good 🤣
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$PCG The Feb 1, $6 puts are only .75 seems like an easy 5 bagger if this goes to $1 by then? Missing anything?
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$PCG I bet when this was slowly climbing to $9.5 today, a lot of “WTF why is this going up” moments happened... hahahaha
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Trader 12351 thought she had an exit plan here at $PCG but soon after a long position watch her struggle
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$PCG what took this down? Global Warming and extreme weather events. This is only the beginning
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$PCG It will just bleed out every day little by little I see 5 by Friday.
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$PCG Rest In Peace. Rip. See you under .01 penny at that point I will be able to buy 1 million shares
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Today $PCG shows SELL signal (TA) for short term. Technical analysis source: stockinvest.us/technical-an...
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$PCG don't let this open below 8$ if it does sell ASAP it will free fall to low 7s
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$PCG opens around $6 tomorrow only to close less than $3. It’s bankrupt for crying out loud
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$PCG people still don’t understand how the market works, for every share sold today, someone had to buy a share...
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$PCG help me out here. How is this trading above $1 after announcing chap. 11. ??
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$PCG It is fully crowded with shorts. Just a small relief rally could send to $15 instantly.
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$PCG if there is anyone thinking it’s a good buy here. Please get some help. Your brain is lying to yourself
$PCG just got back from skiing and were at 8.22. what’s on the menu for tomorrow?
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PG&E downgraded by Macquarie to neutral. marketbeat.com/stocks/NYSE/... $PCG
Vanguard holds nearly half of $PCG $920M in muni bonds-lots for them institutions to lose to let the company go BK11 seekingalpha.com/news/34229...
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$PCG Common shareholders are last in line in Chapter 11. 1) Bondholders 2) preferred stock 3) anyone else w a pulse 764. common shareholders
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$PCG wonder if they would use this as an opportunity to downsize their own Union workforce and go with outsourcing
$PCG Perfect example why stocktwits is nothing more than Yahoo Finance convos, b/c many evil ppl on here trying 2 fool ppl n2 buyin this POS
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$PCG just alittle small drop in the AH let's see $6 tomorrow and then the countdown begins to 0 💁
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$PCG Bottom line, Gov Newsom needs to do something to change the law or he could see all utilities file BK. His got till end of the month.
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$PCG when a company says “hey I’m filing CH11 bk you have 2 weeks to sell” that’s not a sign to start a long position lmao
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$PCG Reuters says restructuring may take up to 2 years. OK, got more time to drop...
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$PCG ITT people who don't know that Chapter 11 doesn't have to wipe out equity, just like in 2001-2004 when it emerged with IG credit
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$PCG 8.5 support held for less than 15 mins. What makes you think it will go higher from here
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$PCG so what happened to this stock since October 2017 since I left it was $57
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$PCG shorts are watching this like I’m not worried lol deep down knowing short squeezes happen unexpectedly, that’s what makes them great 👍
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Be bullish! But Listen to the bears when uncertainty clouds any company. You will save money! Else you will be part of stories like $PCG
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$PCG look people, proles will look at $8 stock price and say “that’s too high”. fundamentals mean nothing, and tort means everything
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$PCG Big question now is...will the state attempt to municpalize gas/electric service. Thank you Inverse Condmenation.
$PCG I wonder how long it will be before they are allowed to be a profitable company again?
With a PE of 2.19, the valuation of $PCG can be described as very cheap. chartmill.com/analyze.php?u...
$PCG Please Bears.. ppls list their savings and 401K here.. make money but be respectful to others feeling!! It’s a tragedy not a game!
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$PCG Passive funds had to sell today...can't keep a stock once BK is announced
$PCG after they went BK in 2001 the stock came back relatively strong relatively quick being a utility what choice do they have?
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$PCG no capital access to invest in grn initiatives + harden their grid -- this will drive the progressive consumer crazy while paying more
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$PCG 1.5B cash and 5.5B DIP finance and 10B liabilities and 3B insurance plus 21B state wildfire fund.
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$PCG being a utility they will reorganize where the stock goes no one knows
$PCG Unqualified female CEO, company was pressured to hire to meet diversity goals.
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$PCG for anyone still quoting Morningstar, they just put their latest estimate “under review”
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$PCG folks load on puts. It ain’t getting bail out. Socialist running California
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$PCG when someone high or a hobo puts fire in a camp, utilities companies need to pay.
$PCG bought puts. No brainer- easy money. The company is telling you it’s filing for BK
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$PCG fyi, they will officially file for BK on Tues, Jan29. I think this is why this isn't under 1 yet.
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$PCG Still letting institutional holders get out AH. It’s gonna drop more tomorrow after a maybe a morning uptick but by EOD 7.50 or less
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$PCG SHs are responsible for home owner damages even though their investment met all State Reg's & Policies.
Never happened before.
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$PCG There is no comparison w/ PG&E.
For the 1st time (in a major way) an investor-owned company will be as a State entity without power.
$PCG AMR traded as low as 27c and stayed under 1 for 2 years before all of its creditors were paid off.
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$PCG And if we had to choose an industry and state for the start of Socialism, it would CA and its utilities.
2018 CA elections noted it.
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$PCG Investor-Owned PG&E is viewed like a State entity in Federal and State Courts.
That marks the start of true Socialism.
It's Historic!
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$PCG turn off power for one second. All californian will be on your side again.
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$PCG Shareholders and Vanguard to be the biggest hurt in PCG Chapter 11 Filing. Shares are expected to trade under a dollar by EOW.
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$PCG This day is so much bigger than PG&E.
Historians will mark this day as the start of a true Socialist USA.
"Investor-Owned" = STATE.
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$PCG This stock is a call option expiring Jan 29th. Daily Time decay of $0.55 ($8.27/15). Upside is a black swan government lifeline.Badbuy
$PCG CEO gone, $30bn liabilities, filing for Chap-11 with a 2 weeks notice to employees... Yeah read charts & keep buying
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$PCG What I can say is that you heard it hear first.
"Inverse Condemnation" will end investor-owned utilities.
1st real step into Socialism.
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$PCG So @Techsmart still has me blocked go figure. Hope you learned your lesson today. Never swear by a company always keep an opened mind.
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$PCG Rat snowflakes.. that whole state should've burnt down and land slid into the ocean
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$PCG CEO leaving to cash in on golden parachute, VANGUARD in the shitter with all the debt, someone is getting fired!
$PCG Fascinating to see the end of such an historic era in the USA
Moving from Capitalism to Socialism.
"Inverse Condemnation" the igniter.
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$PCG In the last week I heard there term "speak man to man" in 3 separate TV shows or movies. I wondered is it right or wrong.
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$PCG Every news from now on will be good news only. It will fully recover and erase all losses at any moment.
$PCG everyone needs to do their DD. Sell and you can keep what you have left and trade another day!
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$PCG Do U believe that the newly elected Socialist CA Gov't will support the evil, wealthy, SHs of PG&E over the homeworkers of CA?
Wakeup!
$PCG Chapter 11 is a scary thing. I lost thousands by trying to average down during CBRI Chapter 11. 2 years ago
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$PCG This marks the beginning of the end of investor-owned utilities
"inverse Condemnation" will spread like wild fire (oops) across the USA
$PCG when American airlines announced its ch11 bankruptcy filing it immediately stated trading under 1.00.
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$PCG At work a female employee took offense and complained because I used the words "I wanted to speak man to man" with another co-worker.
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$PCG People are stupidly buying (as had been at 30s,17s) w/ false illusion that they are buying the fear&cheap, thinking there will be no BK
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$PCG I’m smoking my juul right now! 8 dollas will make you holla. #southoffranceimcoming buy buy
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$PCG U owned SHs, but ur house didn't burn down.
That's not fair.
Move over, as you now have tenants.
That's fair!
$PCG I have an example for everyone. Two years ago CIber (CBI) had an announcement. That is was being bought out for 75 cents a share
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Read Vanguard owns 1/2 of $PCG $900 million in bonds. Man someone's heading is going to be rolling.
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$PCG B A N K R U P T C Y IS COMING TO TOWN. NOOOOOO VALUEEEEE AND DON"T BE THIS STUPID AND KEEP BUYING WORTHLESS SHARES
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$PCG Living in a country where you get $0.00 but feel lucky.
By 2025, the STATE can come get the rest.
Eastern Europe 1980.
$PCG just talked on phone with morgan stanley broker. just said there is two more legs to drop. thinks value is around $1.50
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$PCG let me give you some advice. bankruptcy isnt a time to "load up", its time to sell as soon as you can. No one should be bullish here.
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$PCG fascinating how anyone with an IQ over 100 would buy this stock. But thanks.
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$PCG can’t wait to go to south of France when this thing sky rockets again!!! bought at 8
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$PCG So after the investigation they are guilty without doubt and case it's not empty and has heavy evidence. #hobofirep panicsell buy fear
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$PCG
Ok it goes bank rupt then what u wait years for your money if any take it and run imho
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$PCG "Inverse Condemnation"
An historic point in Capitalism's history.
It's downbfall and the rise of Socialism under it is indeed historic!
$PCG just mind blowing that this stock is in the 8s. shorted from low 10s to mid 8s. would like to see this under $5 at open
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$PCG Was held up so institutions could unload in the 8s. Slow unwinding of large positions. It will tank more Support at 5 to avoid delist
$PCG In the near future (New DNC Congress), the STATE may have the power to come after U to cover all debts.
You're lucky to get $0.00
$PCG I’m jumping in. Bank of America was at 2 dollars at one point... PGE is a household name in Bay Area. it will bounce back
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$PCG You need a miracle to cover under $8. This will gap up tomorrow and punch the newbie shorts.
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$PCG the newbie retail shorts do not know the facts about assets. The institutions knows the facts and hold the shares.
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$PCG "IF" they had 100% followed all reg's and laws, they are still 100% liable under:
"Inverse Condemnation"
It's a lose-lose for investors
The math appears to be there is nothing left for the share holder after Chapter 11 since the damages are 11 Billion more than $PCG is worth
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4-star analyst Neil Kalton from Wells Fargo maintained a Buy on $PCG. tipranks.com/analysts/neil-...
$PCG ill cover my short jan 30th. If ur short theres no reason to cover sooner. Unless news breaks.
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$PCG I wonder if the PG&E retirement fund dumped their shares of PG&E leading up to the news pointing at them?
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$PCG In CA, an investor-owned utility is treated like a state run enterprise w/o the power of the state.
It's a worst case scenario for PG&E
$PCG Chapter 11 filing do not wipe out stock. The value of stock will be based on income and assets and other stuff.
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$PCG It's not "fines" but "liabilities" in a CA court supported by Federal Courts.
It's the end of investor-owned utilities.
$PCG any fines that PG&E incurred will go back to the company as debt to pay for maintenance/safety improvement.
$PCG PG&E won’t lose a thing. Chapter 11 limits liability to enable them to keep operating while increasing rates 4 customers to pay loses
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$PCG Noone can replace PG&E in California. They have asked for funding to improve power lines or bury power lines for many years.
$PCG can someone please post a ch 11 bankruptcy where current equity got more than pennies? I have never seen it.
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$PCG Pass laws that treat Investor-Owned entities as State run; you have crossed the chasm.
True Socialism has arrived.
Inverse Condemnation
$PCG
Camp Fire: PG&E finds bullet holes, broken equipment at sites where blaze likely started
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$PCG All these upticks are just MM’s letting large holders get out at higher prices before this totally tanks. Hold puts it will go to 0
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$PCG This will mark the end of Investor-Owned Utilities in the USA
Make the SHs pay for homeowner claims.
That's the end.
Starts in CA but..
$PCG The other 49 states will be enacting "Inverse Condemnation".
The greatest Capitalism to Socialism shift this country has ever seen.
$PCG some shorts already in loss. They will push this up and ignite the rally.
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$PCG bankruptcy why is it priced at $8 is the question. Stringing along bag holders is the answer
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$PCG Turn this into a penny stock yaw, this company is does not own up to responsibility
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$PCG 30 billion max liability will be reduced by 2/3 in BK court with assurances for added safety measures. Too many scared of "bankrupt"
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$PCG if your still holding that’s on you, but some utility will buy for pennies on dollar, fix it for a premium, just watch for who
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$PCG the rate of successful reorganizations is extremely low. Sometimes estimated at 10% or less.
$PCG "Inverse Condemnation"
Marks the end of investor-owned utilities.
They will be socialized; State run.
A monumental shift is coming!
$PCG imagine if someone buy few shares here, it puts a lot of pressure on shorts. 126M is a massive volume and 90% of short shares.
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$PCG "Inverse Condemnation"
This will rock the utility industry in the USA.
Investors are 100% liable for damages.
That ends it.
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$PCG Homeowner damage will be 100% covered by SHs in utility co's regardless of compliance.
That is the END of investor-owned utility co's.
$PCG wait, I see your future! $1 + $1 + $1 + $1 = $5 for one reverse stock split.
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$PCG by definition this company is owned by shareholders. So equity will stay. May be $20 to $30 valued.
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$PCG PCG: Wait 4 SIDEWAYS MOVEMENT b4 trying 2 Catch A Falling Knife!. PCG: Wait 4 SIDEWAYS MOVEMENT b4 trying 2 Catch
$PCG ....GNE, a well run utility with great dividend history.....currently undervalued.
$PCG The plans? These are the plans: CEO resigned and they announced that they will file for BK: nytimes.com/2019/01/14/busi...
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$PCG "a bankruptcy filing will help Pacific Gas & Electric Co. take on the many wildfire lawsuits it faces." business.financialpost.com/...
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$PCG can recover I believe..not bullish or bearish though.this company is a giant and essential for Californian residents..they have plans..
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$PCG averaging down to $7 now. Utilities don’t go under. They get bailed out.
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$PCG I'm harping, but this is a true turning pt in the country.
"Inverse Condemnation" marks the end of an era.
50 states will use it.
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$PCG No exaggeration.
PG&E could spell the end of investor-owned utilities.
They were always the 1st step towards Socialism anyhow.
Watch!
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$PCG Hey bears! Really question, how are we spending our money this weekend ;)?
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$PCG Logic suggests its better to pull out & wait for confirmation gov will bail PCG out thn hop back in vs lose now & hope 4 bounce back..
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$PCG
Whoever posted this chart knows whats up
Look at their last bankruptcy filing.
Im in under 5
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$PCG Forget everything else. Everything!
And focus on "Inverse Condemnation".
100% focus.
"IF" the Bolsheviks waver/change it; jump in!
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$PCG only 52% drop... Not Bad... 2morro another 10-18% i suppose... bulls should stand back until sub 1-3$ for some DCB
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$PCG i'm gonna at least below 5 dollars before covering, for this to be penny stock
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$PCG If your holding overnight have a good sleep don't snuggle to close to your wife just in case you 💩 in your dreams 😅 Good luck at open
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$PCG Just what California needs... more Gov't. intervention into the lives of its citizens. GLTA! You're gonna need it.
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$PCG Easiest short of the century, although I wouldn't hold for too long. Money could get tied up once BK is officially filed.
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$PCG Understand.
"Inverse Condemnation" is designed to create a Socialist run utility network.
It is written to wipe out investor-owned.
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$TSLA Global Warming has just taken out $PCG there are many more to come, severe weather is now extreme weather
youtube.com/watch?v=5NWHZTp...
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$PCG Plenty of trading days left for tons of price manipulation. Best get on board for crazy f'in ride!
$PCG turn the power off and see what happens, no one will take over because its too much risk to do business in Cal
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$PCG Retail shares will expire worthless during BK and new shares will be issued, enjoy the ride!
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$PCG posted in room this morning. 2002 lows. its all over, but the crying. even the CEO parachuted out (golden parachute)
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$PCG Either CA Bolsheviks become Capitalists and protect SH's via removing "Inverse Condemnation" or CA will be the 1st STATE run utility
$PCG starting to really wish I knew how to trade options. Covered 3/4 of position today. Think we will see 5s by next week.
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$PCG 78B in assets less 30B liabilities less 20B debt + fines. Plenty of room for equity.
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$PCG Watch for other states to enact "Inverse Condemnation".
If they do, get OUT!
It's coming to a state near you!
$PCG All Investor-Owned Utilities in CA:
Always liable; regardless of compliance.
And you're going to invest in that environment?
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Hedge funds bet on $PCG in Q3 and Q4; crushed today. wsj.com/articles/popular-he...
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$PCG You are FOOLS if you do not understand CA Law.
PG&E, EIX, SD Power & Light, Pac Bell etc etc all under:
Inverse Condemnation.
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$PCG At least with PCG you don't have to be concerned with China growth worries
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$PCG you guys seen the juicy short that just covered at 8.17 lucky bugger almost 25k shorts
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$PCG gonna start testing psychological supports and resistance in the coming weeks
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$PCG wasn’t on my wutch. But it’s been a dingleberry rider since Nov. Don’t be a fooking dingleberry
$PCG the same BS is gonna happen after bk like last time. Equity value will rise. Wait for that play
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$PCG Drop everything.
And read the CA Law on
Inverse Condemnation.
Devastating to SHs.
Makes utilities 100% beholden to the state and not SH
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$PCG utilities r negligent in CA
Hedge funds selling/concerned/losses. Uninvestable.
$PCG When the news spreads, its going to keep dipping for the next 3 days!
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$PCG if you are not taking the chance to exit with short covering then you don't get to play the game....
$PCG There is no getting around "Inverse Condemnation"
CA utilities have already been found liable under it.
NOTHING compares to it.
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$PCG how do algos trade this SEC filing “the Utility was found guilty on 6 felony counts” for San Bruno fires?
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$PCG They just told u they r filing bankruptcy. Wiping current equity is the prudent leagal thing to do.
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$PCG always scale in your buys. I loaded 7s. Scaled and set stops for my 8 & 9s.
$PCG equity likely to be wiped out but senior and preferred debt saved with a payout
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$PCG "Inverse Condemnation"
Investor-Owned Utilities are the same as the Gov't in terms of liability
That's Socialism folks.
That's CA
$PCG Whatever happened to @techsmart ? At least he was entertaining. Is he still waiting for +20?
$PCG just short covering... same guys will re enter tomorrow ... for a juicy short again
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$PCG I'm out for the day. too close to closing. Ill be back here tomorrow morning for . Good luck and happy trading everyone!
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$PCG alogos still technically trading this, HFT firms are crazy! they are not making money on this, only 115MM shares sold, 518MM outstandin
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$PCG Bulls should just wait until it settles at 0.1 to 2 to start buying. Buying now is basically insanity.
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$PCG "Inverse Condemnation" will be enacted throughout the country.
Great law for the State against private enterprise.
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$PCG MM’s have no shame..... pumping up a bankrupt company for suckers 🤦♂️
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$PCG "Inverse Condemnation" could destroy the investor-owned utility industry.
Socialized utilities are coming.
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$PCG It's the computer's world here. 7.77 one tick, 8.32 next. Humans will be murdered trading this
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$PCG who would buy this after they said they are filing BK, why not wait until you know the terms to buy! SH's may be wiped out.
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$PCG PUTs are really not gaining a ton of value in this drop, now it pumps a bit and the price drastically changes. Interesting.
$PCG Don't get to excited about the small bump...Just a few shorts covering...
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$PCG just bought $7 puts - lets roll the dice - BK's are a hard play sometimes. Swings to be expected toward bottom.
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$PCG latest SEC filing “esoteric forms of alternative capital that would be relatively dilutive”
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$PCG How will the CA Bolsheviks refund the CA Teachers Pension fund w/o breaking laws?
The STATE can!
Take from the SHs (Proletariat)
$PCG "bankruptcy will allow PG&E to consolidate all the suits...to avoid jury trials that could result in damages it can't pay."
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$PCG Gov Newsom needs to step up to the plate. Or he could end up seeing all utilities in CA go BK.
$PCG Newsom is sleezebag Libtard. He will use this company as an example for his agenda
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$PCG So the investigation It's after they are guilty without a doubt and the case it's not empty and has heavy evidence. #hobofirepit
$PCG just get it over with already! why are they toying w/ their investors?
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$PCG i cannot believe people were saying they were going long. If you listened to them I’d go block them. Who recommends a Bankrupt stock.
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$PCG Two Words:
"Inverse Condemnation"
Deadly to anybody holding CA utility SH's.
Bolsheviks:100
Proletariat: 0
$CGC bears didn't listen to me last week; easy money shorting $PCG than gambling with puts in WEED @SeanoftheValley
$PCG Institutions can't get out fast enough...impossible for them to dump everything at once....
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$PCG knew that the Federal Courts sided with CA on placing 100% of the blame on utlity co's regardless of compliance with reg's and laws.
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Unsolicited call from a client today... he put an order in to buy $PCG. I really want to send him a @StockTwits BTFD tee.
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$PCG Looks like the market has run out of people "buying the dip"...could get ugly here.
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$PCG Penny stock by February? If they put out the notice today, the filing starts on the 29th.
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$PCG U heard it hear first on the "Nail in the Coffin".
"inverse Condemnation.
The whole freakin utility sector in CA is under its law.
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Newsom stmt on PG&E - will work with legislature to ensure affordable power & fair treatment to fire victims gov.ca.gov/2019/01/14/gover... $PCG
$PCG To the longs- there's zero chart support in this area. Margin calls coming in three days + delisting to pinks, it's not "cheap" here.
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$PCG Newsom Power Co:
Ticker NPC
Largest Socialist Run utility company outside of China.
It's coming!
$PCG still lots of time to loose money Dam I'm glad I pulled out when I did or I'd be lookin for a place to stay 😎
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"Baupost also bought $1 billion of legal claims in November that an insurer held against [ $PCG ]..."
https://www.bloomberg.com/news/articles/2019-01-14/baupost-is-said-to-buy-1-billion-in-insurance-claims-on-pg-e?utm
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$PCG
Those holding EIX are insane!
Ask San Diego Power or PCG or Pac Bell.
"Inverse Condemnation" will sink it!!!
$PCG The volume is quickly moving up , I guess everyone is playing the short game and whoever buy not for short will lose their pant
$PCG Shorts will be unpleasantly surprised when the hard asset value of the company exceeds their debt + liabilities. Uninformed trading!
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$PCG i'll be honest, if this goes sub 4$ by friday, i'll be truly happy. if not, eh should have studied more.
$PCG Understand that FEDERAL Courts upheld CA Courts "Inverse Condemnation Law".
EIX & Woolsey is next.
$PCG Qestion: Why should PCG be held 100% liable when idiots build and live where the risk of fire is very high.
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$PCG The CPUC told PCG to go f itself when it asked for rate increases to cover costs.
The result: Bankruptcy.
$PCG Out for now. Probably going lower but I prefer realized gains. GL all.
$PCG Told you it would close 8.50 -8.75 or less. No one is going to hold this overnight they can file BK any day they don’t have to wait
$PCG Here is the "Nail in the Coffin"
Taken from: COLAB SAN LUIS OBISPO
WEEK OF AUGUST 12 - 18, 2018
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$PCG expecting a mini pump from penny flipping shorts maybe 8.65 -8.70 bulls should def sell
$PCG sorry bulls ... may get a little bounce to 8.65-8.70 here but not much
$PCG I feel like this could rise or drop 100% in the next month, lotto calls or puts?
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$PCG Bond holders might get something back in a BK but equity shareholders get 100% wiped out...
$PCG “At $90 per month, Californians' electric bills are among the lowest in the 50 states.” Damn try $250/month in Texas in August
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$PCG Very slow and controlled exit of positions. I am still showing 21million share to short with Interactive Brokers, my broker.
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$PCG Who's buying a company heading to bankruptcy? People should stop losing money on purpose!
PG&E downgraded by Deutsche Bank AG to hold. $10.00 PT. marketbeat.com/stocks/NYSE/... $PCG
PG&E downgraded by Citigroup Inc to neutral. marketbeat.com/stocks/NYSE/... $PCG
$PCG Someone who is actually buying this, please, I'm serious, enlighten us as to why
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$PCG O see of Red. This Co. Going to Burn Bloody everyday from here out
$PCG Lot of catalysts before the bankruptcy filing on Jan 29th, LOL...
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$PCG someone got wind of something right around 2PM and they clearly don't like it.
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$PCG what did i tell you .... Don't let it touch 8.80s it will drop hard....
$PCG PG&E's utility unit filed for bankruptcy in April 2001 following an electricity crisis in California.fell below $7 but later recovered.
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$PCG bull here think if they declare bk all puts become worthless ... fucking classic 😂😂😂
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$PCG got stuck in it but holding until the end I guess. Surprise bail out might still happen.
$PCG phew! Sold for a 70 buck loss and took the Pattern day trader hit , so glad I did
$PCG whoever is still buying this thinking since it fell 50% it’s going to bounce is crazy
$PCG Mkt is reading the Inverse Condemnation Law.
Hopeless.
Bankruptcy is the ONLY thing they can do.
There are ZERO options.
$PCG this stock is worth zero unless someone steps in to save the company before January 29...
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$PCG 9.5 -9.70 was top, u didn't sell too bad... Its going to make a new low daily here on forward until it becomes pump time
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$PCG Day trading it twice today for a quick tidy profit. Watching it now.
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$PCG Before you do anything else READ:
CA's "Inverse Condemnation Law" on utility company liabilities.
You'll see why BK is the ONLY option
$PCG In 12 months, and the snowflakes will be crying when they see their utility bills.
Sweet Revenge!
$PCG Hey CA Bolsheviks!
U think you have high taxes today?
Well, "You ain't seen nothin' yet" BTO
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$PCG Bloomberg on why Gov won’t bail out PG&E now: https://www.bloomberg.com/amp/news/articles/2019-01-14/pg-e-bailout-hopes-crushed-as-california-shows-little-interest
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$PCG feel bad for the true longs, but anybody buying today... wtf are you thinking?
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$PCG They made calls worthless but they can also make puts worthless. Do the bears wait till the puts become worthless again?
$PCG MacKenzie will pick up the pieces for cents on the dollar, she knows a bargain when she sees one, spotted Jeff way back when
$PCG Feb exp $10 Puts show 52K open interest! Get short b4 restricted tomorrow
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$PCG WOW could this be another 1/2 price sell off coming this is asking for trouble as it is never mind going less to the bell 🤔
$PCG Who on earth would be holding this overnight, might as well burn your money...
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$PCG with a state credit rating of AA-,
you can bet the STATE will take every penny they can from SHs
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$PCG bulls don't let this touch 8.80s; if it does it will drop down to 8.60s quick quick hurry hurry race
$PCG stock dropped to 6.55 during wholesale electricity price spike in 2001 - last time it filed for bankruptcy... Criminal charges?
$PCG so what is new in today’ news? 10 days ago they mentioned and market already knows that. Still not filled the BK yet.
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$PCG So how's CA's credit rating?
AA-
Only Illinois & Louisiana are worse of the 39 rated.
CA Bolsheviks are sooo screwed.
$PCG One thing for sure it will be scary hold overnight and actually overall it could and should bounce but only if there's air in the ball
$PCG 15 min chart is a complete dumpster fire - another huge gap down coming soon today
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$PCG i dont even know if i should be bullish or bearish right now. 🤷🏻♂️
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$PCG Buyers: Do you NOT have Time & Sales available to you? All I'm seeing is a red waterfall. Unless I'm reading it wrong.
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$PCG I jumped in big this morning thinking it's going over $10 but had to much on the line to risk just in case sold for small profit
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$PCG There's going to be a big bounce coming hopefully it's not your spouse 😅😅😅😅
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$PCG History will repeat itself
Last bankruptcy was April 2001
Started a multi year rally
$4 - $70 (with dividends too)
Buying under $5
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$PCG You don't deserve the money any way if you are going long now. Stories will get worse. Sentiment will get worse. People will dump more.
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$PCG ONLY the Bolsheviks of CA has a law that blames utilities even when they follow all CA State laws & regulations.
"Inverse Condemnation"
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$PCG This is a real heart beater hospitals could be really busy if it doesn't have another bounce But I think it will take a bit to settle
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$PCG bid volume is very thin. Ask is 10 times more tha. Bid in volume. Will sell very hard to close
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$PCG EIX is next folks!
They are 100% to blame for Woolsey Fire.
Better get out - NOW!
$PCG why is everyone so angry about fires? All this dry-ass dead wood lying in your CA “lawns” needed to be removed one way or another.
$PCG liabilities $30 B
Current market cap $4 billion
4-30= -26 B in debt !!!! Going to $0
$PCG Did they employ "best practices of the era"?
Already found GUILTY of not doing that in 2017 fires.
Under existing CA law; 100% at fault
PG&E Investors’ Nightmare Continues as the Stock Tanks Over 50% $PCG $XLU $SPY marketrealist.com/2019/01/p...
$PCG If people want socialism, they have to pay as a group when a disaster like this occurs, not just receive. CA will bail out these babies
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$PCG U MUST watch for comments on Inverse Condemnation Law before another penny spent.
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$PCG - trade-ideas.com/ticky/ticky... - Is trading some seriously crazy volume right now - Currently at 5 x average daily volume.
$PCG Here is why PCG will be gone:
(Already found GUILTY in 50% of 2017 wildfires)
No way out of liability under law except by BK:
$PCG Is this new governor dumb? A bankrupt company has no responsibity to pay vendors and suppliers even if you ask nice. CA will bail out!
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$PCG here’s a conspiracy, they faked the rumor of bankruptcy for the stock to tank and they buy it super low and gain money back for company
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$PCG Some basic info for bulls..
1. The Company will continue but your sares will not. BH will own it
2. IF they file ch11 its over.
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$PCG Odd how female, hispanic CEO quit and ran out the door. Should tell you something. Hope her ass gets sued.
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$PCG EIX is next!
100% liable for Woolsey Fire.
San Diego Power in the same boat & under Inverse Condemnation Law found GUILTY!
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$PCG For those thinking the state will bail it out, see Gov. Newsom's statement earlier today- the state has zero interest in bailout here.
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$PCG What if an illegal or terrorist took down the pole? How did a pole just drop? Maybe someone who was short PCG did this and it's arson
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$PCG “If PG&E is responsible, they are most likely going to have to file for bankruptcy protection”
This stanford professor was very spot on
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With no rain and climate hot fire eating dry conditions, is it 100% $PCG fault ? Democraps I think love to take money from rich companies!
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$PCG so courts find PCG followed all regs & procedures but a downed line/equipment ignited the fire
Under Inverse Condemnation, 100% liable.
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$PCG Zero chance that Homeowners will pay for any damages.
That leaves CA and PCG, EIX, etc to cover.
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$PCG would be fun to read Goldman Sachs quant codebase for bankruptcy valuation.
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$PCG if it's ch 7 then it's done. if it's ch 11 then it'll still have to pay for all of the damages and law suits. either way, it's screwed
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$PCG I listen to CPUC president once said utilities most valuable assets = poles. Who owns poles control access to millions of customers.
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$PCG He's talking with them. You never know what a politican will do who wants single payer health care to include illegals.
$PCG Then has 15 days to notify SEC; in that filing will notify if they plan to keep existing shrs or cancel existing shrs and issue new.
$PCG Understand all power utilities in CA are subject to Inverse Condemnation and full liability for damages.
Incl EIX for Woolsey Fire
$PCG no bailout. This is California’s way of forcing residents to convert to solar panels. No PG&E means no conventional power. Going dark
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$PCG Stock will go on pink sheet - the only gamble here is if new governor says state will bail out and help utility
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$PCG Either "Inverse Condemnation" is enforced or homeowners pay for repairs outside of their own insurance policy.
Easier to screw SHs
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$PCG from 2001 bk - bankruptcy filing values the utility's assets at $24.18 billion and places total liabilities at $18.4 billion.
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$PCG This is going to be years before litigation is resolved. Going to be a major over hang until then.
$PCG typically when new shares are issued to creditors, they are given somewhere between $4 and $12 per share. $9 seems high.
$PCG We gotta have power, so it's very likely that PG&E will get bailed out by gov, just like GM did. Anyone buying this dip?
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$PCG "Inverse Condemnation"; unique to CA public utilities, leaves PG&E 100% liable.
Investing in a Socialist State is not wise.
get out EIX
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$PCG and once they emerge from chapter 11, the stock will start to climb back to it's historical levels
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$PCG If this time plays out like the last time, no shareholders or bondholders will be wiped out
$PCG Ahhh, California. Land of the gaping, left loving Socialist. When you collectively get done paying for this, see if you still love it.
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$PCG they don’t make buying puts on bankruptcy easy so you have to be patient and buy a little longer expiration
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$PCG “If shareholders keep their existing shares, new shares are often issued to creditors, making the shares highly diluted.”
$PCG you bulls here shoud read the PG&E notice of chapter 11. There is NO WAY there be any EQ left. Buying now is almost a capital offence
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$PCG Think about it - these guys by doing a bankrupcy will get away with murder and paying the 30 billion. Expect CA real estate to drop big
$PCG going long at 9.14 on volume swell, break above 9.10 and break above 15 MA
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$PCG they were in regulatory compliance with State Law but that does not matter.
CA's unique Inverse Condemnation Law negates that .
$PCG I don't think people get it. When they file for bankrupcy the stock price is worth ZERO. There is no support at any price except ZERO
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$PCG State and Fed Government will eat the bill... otherwise post bankrupt rates will be in the stratosphere and it will end up costing more
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$PCG Why not buy Puts for this stock if they are about to go bankrupt?? New to stocks and wondering if this is a good idea?
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$PCG All EIX holders better check their holdings as EIX is under the "inverse Condemnation Law" as well.
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$PCG how does anyone validate this stock price?? Should either be $1 or much higher...
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$PCG Now this stock have enough shorts to fuel this to go up $24 or more. Just matter of time.
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$PCG "inverse Condemnation" = 100% liable for all damages regardless of compliance.
Debt + Liabilities = $0.00 for common SHs.
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$PCG even if they were found in compliance with State Regulatory Laws, they are still liable.
Unique to CA.
No way out of liability.
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$PCG it’s probably won’t go to 0, but shareholders will be heavily diluted when it exits from bk. Maybe 5B new shares issued at $8/share?
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$PCG "Inverse Condemnation Law"
This caused the BK.
States that even if Utility Co followed all regs & procedures it will stlll be liable.
$PCG PG&E to File for Bankruptcy Over Deadly California Fires
nytimes.com/2019/01/14/busi...
$PCG PG&E negligence has killed 7 in 2010, 22 in 2017 (pending) and 86 in 2018. Bailout itself seems criminal.
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With a Debt to Equity ratio of 0.93, $PCG is doing better than the averages in the industry. chartmill.com/analyze.php?u...
$PCG u guys remember SUNE 40$ company came down to 0.5c so manybought in but didn’t come until 18.9c
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$PCG Hi Book value per share is above 30.what happens if company files for bankruptcy we will be receiving 30 dollars per share right.
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$PCG don't bankruptcies usually mean the stock will fall to near zero value?
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$PCG If you short this you have balls of steel. If you long this you have balls of steel
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$PCG After a little more DD.. under Cali law this is fucked.. only in California
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$PCG Bloomberg reports that its sources say that Gov Newsom is content to wait and see to let PG&E’s bankruptcy filing take its course. 📉
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$PCG According to my statistical model and calculation, this stock has a 52.85% of closing below $9 by 1/18/2019
$PCG have fun yet? there r less risky plays out there u dont need to be long something with BK written all over it. most avg'd in way higher
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$PCG they went bankrupt in a few decades ago, and recovered. They will do the same again! Buy buy buy!! Very cheap! Long! Hodl!!nn
- 1
$PCG FYI
same thing happened in April 2001
Fell to 6 then dipped to $4 AH
only took 11 days for full recovery
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$PCG anyone have knowledge of how shares performed during the bankruptcy in 2001? Did they go to zero, were they delisted, etc ?
$PCG bankruptcy is not a bluff if CEO already stepped down. Now it’s a question of how much new debt, and what cost of servicing debt is.
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$PCG who ever provides support in DIP process will overtake the company and could potentially become 0 if they don’t repay in time
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$PCG The company is REQUIRED by CA state law to give a 14 day intention of BK filing.
It's happening. It's just a matter of time.
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$PCG Cut my loss, I have never done well sitting through a bankruptcy...common shares lose.
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$PCG I think 29th is way far from now. Anyone buying may be able to sell easily at $20 by that time.
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$PCG "we estimate shareholders could retain 10 billion-15 billion of value, or 20-30 per share." ca.finance.yahoo.com/news/b...
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$PCG Today is a great buying opportunity at anytime this morning lunch time before the bell it won't matter huge upside here 💰💰💰💰💰
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$PCG ppl are buying in too early... it will bounce but not here... around 1.2-2.3 range might see a 40-70%. Just a bit too early here
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$PCG Big financial institutions are eating up what the bears are selling once it's bought up kaboom🔝
$PCG who is buying this since its going to zero ????????????????????????
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$PCG Well - this just became an easy short. Bk = equity wiped out. Meaning zero per share.
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$PCG To think this was a $74 stock in Sept 18. So many funds own this too. Teachers union and other pension funds. Victims mounting
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$PCG $5 BIllion worth of stockholder equity still waiting to vanish. Bankruptcy means stockholder equity goes to ZERO. SMH.
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Trying to trade PG & E $PCG when it's on the verge of declaring bankruptcy...
stocktwits.com/OldCarGuy/me...
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$PCG Picked up some Feb 15 $7 puts for .95 on that earlier pop. Chance commons of going to < $3 a full month from now is very good imo.
$PCG Never seen any company announce bankruptcy and share still trades at $9 Very strange
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$PCG this went to 7.75 pre mrkt it will breach 7.75 tomorrow. Buying BK companies hoping for bounce is a RISKY business
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$PCG mgmt offered ZERO defense for SHs.
CA Gov't = the same.
SHs = the enemy, outsiders, capitalists
Should be punished for those reasons.
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$PCG FYI, Bankruptcy courts are fed courts, which will be shut down completely if no funding secured by Friday.
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$PCG The Lesson?
Never, ever, invest in a Socialist State run enterprise.
PCG operated under rules of the STATE; not the USA.
No BK in USA
$PCG was that a short squeeze? it just gave me a chance to put in another 200 shorts at 9.48
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$PCG ..people trying to climb the power source get shocking results ⚡️💥⚡️💥
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$PCG People need to realize any help likely comes with many more strings attached this time, to eliminate or reduce SHs % as close 0 as poss
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$PCG generally buy end of 3rd day for dead cat bounce. it usually drops hard from selling. watch for funds selling not a pretty picture
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$PCG I say ole boys, hold your powder, this shall fall to depths unknown. Then, I shall pounce like a panther and savor the spoils. Bully!
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$PCG To anyone long run for the hills. Not talking my book. I mean if from the heart. No more victims!
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$PCG going down to 6 dollars then 4 dollars then 2 dollars. Give this 48 hours run it’s natural course. Going Down
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$PCG stock is falling hard on bankruptcy news. investorplace.com/2019/01/p...
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$PCG are hated by most people in California and have been hated for decades
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$PCG The Company PR says it can not wait for bailout that may take years, and the best course is Bankruptcy filling. 👌
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$PCG saw that coming in the options market. sold my June 14 puts just in time. I can always re-enter later
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$PCG if it breaks 9.75 we will probably move back up to $17. What do you guys think?
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$PCG Easier for governor to do a bailout than listen to half the state complain about $450 utility bills
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$PCG "Newsom always insisted that the company resolve its problems rather than pushing for its breakup" https://www.bloomberg.com/news/articles/2018-12-02/embattled-pg-e-has-long-history-with-california-s-new-governor
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$PCG someone sold 5k 15feb19 puts at 5.9... seems like a rather large bet on this going up...
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$PCG 3 day rule says wait and watch...hopefully it goes down to under 5 and becomes a great buy
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$PCG Do you know how bad you are going to look if people blindly follow your suggestion to buy this trash, when it drops?
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$PCG Yeah they should close around 10 today, the company is been in business a long time there’s a lot at stake to not keep it in business
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$PCG People on here thinking there playing with a Sears BK... Understand the power behind the PUCO and the gov. backing of power companies
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$PCG To all the bulls out there, Think of what the bears are thinking hahaha
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$PCG took $11 calls Dan's Degenerate swing of the day .90 2/1 $11 c's
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$PCG parted and sold off for pennies! Yes , it’s a good day for California as hopefully the new company will include safety
from $48, $PCG dropped 50% in Nov 2019 and another 30% since then. There’s a lot more down before there’s any up.
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$PCG 100% liability to the utility is not sustainable -- they aren't the insurer for fires w/o negligence on their part. 30B will be reduced
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$PCG Someone read that 8-K and make me a bull case anyone? I wish I could see one but just don't
$PCG What ultimately happens to this? No way it goes to 0 and gets delisted. Whats a good buy price?
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$PCG CEO Geisha Williams stepped down Sunday, two days after news emerged that the company was declaring bankruptcy. businessinsider.com/pge-tum...
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$PCG Newsom will probably step in declaring a State emergency should PG&E go BK. Part of the old boys club.
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$PCG Traders can play their little back and forth game today. Material fact will be Chapter 11 bankruptcy and straight down.
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$PCG Want to pay capital gains tax ?? Buy in at anyone of these prices you will make great returns 😎 this isn't going down anymore today 💰
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$PCG thank citi bank 🏦 they really care about their customers and doing what’s best for everyone. Ha
$PCG Wouldn't be surprised if the PUC somehow bails this out. Allowing PCG to pass the cost on to the customers. Historically done.
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$PCG good, I say no bail out for this company. That’s what happens when you harm your customers.
$PCG This company IS the scapegoat. Liberals will nail this sucker to the tree. RIP
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$PCG They are making the fuckin media happy saying they intend.. they will finance these liabilities.. u realize how much there worth
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$PCG you're not helping. California always does this stupid stuff that the other states have to bail out. Screw that. Blue pays for Blue
$PCG BK reported on CNBC 15 min ago that it will be filed on Monday if you buy or hold your just plain stupid. CEO already resigned
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$PCG technical moves now? Seems like swings are the way in this market msmoneymoves.com/2018/12/18...
$PCG if they are declaring bankruptcy, why is this not zeroed out already?
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$PCG Average down, da fuc? You crazy? Either hold and hope for a reversal, or sell. Don't buy more.
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$PCG bailout while you can, with the recent news, this company will be hit with civil legality.
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$PCG Uh... just a suggestion... Dell would be a much safer long bet here... It's at 43 now after IPO at 46.
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$PCG Bought a small lotto calls. Can’t say I’m bullish but more fun and entertainment than mega millions ticket. So 🤷🏻♂️
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$PCG
PG&E Corp. (PCG) call put ratio 1 call to 9.3 puts... Everyone knows where this ends. Or... they are in denial.
$PCG I bet that at the end of the day we hear some great turn around news that shifts nice gains tomorrow still expect over $10 today 😎
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$PCG there are no fires, its raining everyday in Cali, worst winter in a long time.
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$PCG Newsom and the Bolsheviks are now running a Power Co with 84,000 miles of overhead power lines.
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$PCG by god - how do you direct link a GIF - this stock thread is screaming for meme's all day
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$PCG BK to be filled on Monday this will be down to 1 by EOD Friday. Buy puts now.
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$PCG This will be settled as mother nature and shite happens PCG will be handed a no fault and stocks will Double up 2x😎
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PG&E plunges after announcing plans to file for bankruptcy, CEO departure - $PCG - thefly.com/landingPageNews....
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$PCG Gov Newsom "Power will continue even though PG&E filed for bankruptcy."
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$PCG what I always ask my fellow StockTwiters under such circumstances is to tell whose taking the other side of their sell orders. 🤔🐒😎
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$PCG $30 billion in liabilities in no joke just because a transformer blow up causing the 🔥, get out
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$PCG PG&E to file for bankruptcy due to California wildfires. stocknews.com/news/pcg-pges...
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$PCG my god I almost shorted this last week. Kicking myself now.. still likely going to zero
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$PCG Should easily be over $10 today and rising according to the charts investment firms buying up stop losses 😎 and me 2 😄
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$PCG PG&E to file for Chapter 11 bankruptcy https://seekingalpha.com/news/3422615
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$PCG Is this going to zero? Why not buy $1 puts? That's too easy right? Can soemone explain?
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$PCG Margin calls coming for longs. This is DAY ONE.
Gonna be below $5 by Friday.
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$PCG Bye Bye Dip now that all stop losses have been triggered it's time to go back up 😎
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$PCG under regulatory circuit breakers, otherwise it drop another 50% from here into the $4's-$5's. Short restrictions kick in soon.
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$PCG Considering bk... Investigation still on going, all this because they reported and outage in the area
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$PCG still can’t believe there’s bids for this at this level.
Damn Wall Street manipulators can’t make anything ez.
Still an easy short tho
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$PCG already over 60 milion shares changed hands so far today. these numbers going to blow 120 milion mark!
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$PCG It's moving with market till ppl exit enough or shock wears off and reality sets in.
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$PCG This is a media shit storm.. kinda comical do any of you even know a thing about line construction, power companies?
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$PCG Imagine when it actually files Chapter 11 around Jan. 29. Foolish not to sell now
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$PCG Considerably more than 5B leftover for equity when all is said and done.
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$PCG sitting on 60% returns for 2019 (already) and going long here... think what you want :-)
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$PCG feb 15 straddle... 5 put, 15 call for 80 cents... Love the one sided news driven panic. It's going straight to 0 guys, sell everything.
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$PCG im so short on this junk lol. also all the money i make keeps on buying opk
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$PCG the only ones selling now are the bears that bought earlier shorting it
$PCG why don't we simply sell puts $1 for this Friday? Chapter 11 only around Jan 29
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$PCG the big investment firms will be buying it up soon to balance some of what they can average up coming will gain a buck or two bteotd😎
$PCG sold a call credit spread this morning
Need below 6$ feb 1 for full profit
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$PCG It's not uncommon for stock to trade violently up when bankruptcy and/or delisting is announced, then violently back down. We'll see.
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$PCG seriously this is free money to buy the puts. this goes to $5 tomorrow and $3 by end of wk
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$PCG No Bailout coming. Politically TOXIC!
foxnews.com/politics/califo...
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$PCG Anyone buying calls here needs to call a gambling hotline. Just buy scratch offs.
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$PCG new ticker: NPC
Newsom Power Company.
100% Bolshevik owned & operated.
What could go wrong?
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$PCG Days of 70mph bone dry winds.
1/2 of CA with bone dry brush/trees.
Residents demand 24/7 power anyhow.
That's an ideal FIREPLACE setup
$PCG dumb ? but have to ask. why isn't this trading at less than a $1???
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$PCG love America burn down your house kill people “File bankruptcy” the American dream
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$PCG obviously not going to stay at this level. Might be profitable straddle op.
$PCG California can't afford to save them, and Trump hates California management.
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$PCG put holder here, what are the chances this bounces? my eyes are glued to this ticker
Just as we mentioned here on Jan. 7 $PCG (then at $19) filing for bankruptcy; $PCG stock around $9 heading to ZERO!
stocktwits.com/scherfcom/me...
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$PCG The 2018 CA elections was a HUGE red flag.
The voters want a STATE run economy.
Do not underestimate that mindset.
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$PCG this is just fluctuating with the market right now.... it's dead money otherwise.
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$PCG There two side gas and electric under the same company.. they can file for one and keep the other
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$PCG Understand.
"U" are despised and hated by the CA Bolsheviks.
U are wealthy and evil.
That's what/who you are invested in.
CA is not USA
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$PCG sorta like when GM when bankrupt and where are they now? 84,000 miles of wire. Too big to fail?
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$PCG The bulls are definitely adding here big time you can throw a dart in this stock anywhere and come out 💰 great time to buy and hold 😎
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$PCG straddle came through nicely today, we all knew there was going to be volatility......that was a given just had to happen by expire lol
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$PCG Bolsheviks want PG&E.
OK.
So who manages the 84,000 miles of overhead power lines?
They will STILL be there!
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$PCG You be crazy to risk buying this after they said BK filing on Jan 29. They don't announce if they aren't certain. It's a utility.
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GOING TO ZERO: $PCG stock crashes 50% as utility says it will file for bankruptcy because of wildfires liability. cnbc.com/2019/01/14/pge-sto...
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PG&E downgraded by Evercore ISI to outperform. marketbeat.com/stocks/NYSE/... $PCG
$PCG "I bought 5000 shares at $17! HELP!!!!" reddit.com/r/wallstreetbets...
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$PCG holding 795 shares at 8.93 average. Risky day trade. Will sell later today, this is way oversold. Company will be ok in the long run
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$PCG I'm still showing 21million shares available to short, been the same since 0500 ., these are actual sellers, exiting position.
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$PCG if you don't recognize the opportunity here then you've missed out
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$PCG This is a PG&E issue. Two other utilities do a great job in CA. These idiots have a terrible safety record. I've had to work with them
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$PCG ven if it comes back pcg will say equipment failure... It'll be the insulator manufacturer or the wire manufacturer
$PCG there is no technical analysis in bankruptcy. It’s just going to nothing
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$PCG Newsom Power Co.
Run by the Great Bolshevik State of CA.
The STATE will have their batons and cuffs ready to attack the complainers.
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$PCG Human nature to blame someone.. this is insane I'll laugh when they come back and say some clown crackhead started the fire
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$PCG Glad I changed my residency to Florida from California to dodge taxes, state is worse than Venezuela
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$PCG all the big funds are working out of this. Trying to salvage the equity. 4-5$ this week
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$PCG Let the Bolsheviks have a STATE run utility co.
The STATE will arrest them if the complain at the next widl fire
Will make for GREAT TV
$PCG I see no one daring to start a power company if it gets bankrupt. Fires happen.
$PCG This will regain at the very least $4.00 by the eotw and over $15 by the eotm
$PCG Wind blows knocks over a line happens everyday.. just this one started a fire
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$PCG the only reason this is still above $8 is that people are hoping it is all a bluff.. that should tell you enough about the company.
$PCG Some of you are clueless about power companys.. they have been rebuilding there lines for years
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$PCG The state will have to manage the power lines of California themselves.
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$PCG How is this even $9 after declaring BK? Those fires have to have utterly wiped them out.
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$PCG The CA Bolsheviks scream: "PG&E has got to go!"
Idiots!
Who manages then 84,000 miles of overhead power lines?
Let the STATE crush them
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$PCG PG&E To File For Bankruptcy, Look For New CEO
m.benzinga.com/article/1297...
$PCG This fucking company should have been given corporate death decades ago. Polluting, horrible corporation. Fuck them.
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$PCG who will ever buy a California utility bond again? risk 100% to make 5%???? California "govt" must do something or it wb venezuela
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$PCG ain't sears, the company is profitable and generates cash. The only question is, how much pain do regulators want to inflict on it?
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$PCG bought march 15, $1 puts for .10 each - will be selling over $3 in about 2 weeks. see ya in penny land
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$PCG people, believing that pcg will have any equity value at the end of this is just insanity
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$PCG Only in the USA would they put a target on the company that keeps their lights on and gas in their stoves. No matter do without bpth
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$PCG I'm more interested to know if they'll sell any assets for the reorg or would debtors negotiate a downsizing?
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$PCG feel bad for employees who had tons of company stock, and relying on it to retire.
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$PCG You think shareholders will have value? Nope... looks at Sears with all their properties and liquidation... still trading under $0.50
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$PCG this is one impressive bullshit Wall Street prop job going on
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$PCG calif already saved them last time, zero chance they step in this time. They can’t. Shares will be worthless
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$PCG I wouldn't buy common in this. Speculate in the bonds if you want. Not this
$PCG will CA let them go bankrupt ? My bet is no .... buying few shares ... small position for such a bet
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$PCG THE SHARES WILL BE WORTHLESS IN THE END. come on guys, get a clue
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$PCG This is an UGLY bull trap. sorry for anyone who gets trapped...
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$PCG There is only ONE man who will decide.
Gavin Newsom.
It is 100% his call.
He rode a wave of Bolshevism in the 2018 election.
Strelnikov
$PCG I was wrong. But it still looks good. If it goes to low 8s will buy one more time.
$PCG State will pay regardless, but it's easier to do a bail out than deal with the backlash of $400 utility bills.
$PCG MM is attempting to stabilize the price, once the large sell orders come in the levy will break and it will run to $7 quickly
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$PCG shareholders could retain $10 billion-$15 billion of value, or $15-$25 per share , is my estimate
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$PCG California will step in and buy shares... too many people have too much invested and pension funds for this to goto zero...
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$PCG David Faber, just reporting “not sure there will be any equity value at the end” ummm, yeah. Buy puts at will
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$PCG looks like jerry browns bill to protect pcg led to more negligence by the company. Over 15 fires caused by them and did no prevention
$PCG It's not w/ frivolity that I state CA Bolsheviks, East Europe, etc.
U're not investing in a USA corp but a Eastern European 1 in 1980.
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$PCG This might be the bottom based on it's historical bankruptcy chart way back in the early 2000's.
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$PCG i doubt between only buying happening here is Newbie retailers, shorts cover and algo. No one in right mind will touch this...
$PCG look at this volume!!!! 21million shares in less than an hour. This giant isnt going down.
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$PCG this is just being controlled by the mm to let out the pension funds et al, once they are out, this will take another leg lower sub $7
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$PCG well, it should be 0 on news like that but obviously that's not the whole story or this would be below 5 . Someone knows more
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$PCG When theres a rush on money, common equity always comes last. Even in a CA bailout. CE falls to 0.
$PCG shareholders will be totally wiped out, google “chapter 11“ for yourself. Ugh
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$PCG if they are filing ch11 because they don’t have money to pay claims, how much do you sillies think will be left for SH.
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$PCG this is why I have my Enron stock certificate sitting in my office
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$PCG bulls, I mean you did read the release that they are filing for BK, right? Lol
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$PCG ...but how shareholders are treated in that is really, frankly, very unclear," said Stephen Byrd @ Morgan Stanley. Who is buying it?
$PCG prop trades at $9 are just Filling now. Then its another flush to $7.75
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$PCG you all do realize if it’s 85% owned by institutions they have a legal obligation to sell now. Can’t hold a company filling bankrupt
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$PCG ..we have a wall being constructed. Money will rise in the industries.
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$PCG large institutional money will be forced to sell today and tomorrow. Next leg down will take it sub $8. 100%
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$PCG sillies thinking it should trade at book... as though they will get top dollar on assets being sold in a fire sale (no pun intended)...
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$PCG Amazing it's holding up here above 9... The folks at Sears and probably Enron must have felt the same tug between despair and hope.
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$PCG CA Bolsheviks demand 24/7 power in the middle of bone dry land with dead trees/brush all over it and 70mph bone dry winds =
FIREPLACE!
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$PCG Bears are going to get roasted this week. The second they get bailed out this is going to mid 40's
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$PCG Never try to catch a falling knife. (Just gonna leave this here)
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$PCG people in here telling people to buy a bankrupt company should be ashamed. Go read the 8K. They even spell out why they can't be saved
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$PCG My SHORT alert on 11/14 at 28.41 up 68%
There is never a shortage of pure delusion. Aka STUPID
Enjoy your LOSSES
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$PCG U trading today?
Would U've done that in Eastern Europe 1980?
The mindset is the same.
U're trading in CA and not the USA.
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$PCG There's been no trial, no proof, no causation.
But Guilty!
That's how the STATE run Socialism works.
CA voted for it, now they got it
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$PCG people are going to day trade this between 8-10 range. Freaking Algos.
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$PCG CEO checked out because she wasn't going to get paid regardless. Liability hasn't even be proven.
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$PCG always HFT takes over after the dump .. they wanna push it higher again
$PCG lots of money bought up this dip this morning. Could see it on level 2. I’m sure news will come out shortly.
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$PCG must be worth 9 bucks liquidation or this would be lower. This company's assets are intense
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$PCG just made $1400 on puts that I bought on Friday I’m out good luck everyone.
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$PCG Liz MacDonald on Varney & Co., "I'm surprised they're still standing." Speaking about PG&E just now. Smart lady.
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$PCG sorry for longs here, wheres that smartass guy on here who was calling people names for saying BK is possible? he said we knew nothing
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$PCG I am out. Woohoo! Profit of $23,540. Bought on Monday last week. You beauty! haha. Gdluck to all, and stay away from PCG ;)
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$PCG pretty sure Lehman Bros went under a buck the day after they declared
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$PCG This is what happens when you try and catch a falling knife. This company is dead. Cali is dead long term. Unsustainable State.
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$PCG to file for Chapter 11 - it’s like $EIX when they almost filed for $3b debt (2001), CA bailed them out https://seekingalpha.com/news/3422615
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$PCG I think we haven't see anything yet. It will be below 1 anytime soon.
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PG&E Sinks After Announcing Plans to File for Bankruptcy: warriortradingnews.com/2019... | $PCG
$PCG - trade-ideas.com/ticky/ticky... - is trading Down Significantly Today - Down 48% for the day.
$PCG .youre only starting a trend against others like you to risk it all in the moment.. GOOOD FKN LUCK TO ALL.
$PCG lol... buy ratings issued... i wonder how many shares they hold? and how many they are looking to dump...
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$PCG The CA Bolsheviks voted almost 100% for Socialists in 2018.
Now the STATE has total power.
Try to bring Ur complaint about "fire" to it
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Not much movement on $PCG after that bankruptcy memo if may call it that way, watching the calls and puts all dirt cheap and other expensive
$PCG The CA Bolsheviks "think" they'll have power over the STATE w/ another certain wildfire.
The STATE will arrest them if they complain!
$PCG nobody would be surprised if this thing is going to evaporate I traded a lot of garbage over the years but not touching this shit
$PCG 84,000 miles of Overhead Power Lines.
Is Newsom Power going to bury them all?
The CA Bolsheviks are fools.
The STATE will CRUSH them!
$PCG So if Buffett is not going to buy PG&E, how about Bill Gates who once had a big stake in Waste Management, another garbage utility?🤣💩
@techsmart has been pushing long $PCG since possible bankruptcy news broke last week. The stock has dropped $15 since then. Beware.
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$PCG 46 otehr states and BK out of the question.
But this is Eastern Europe pre-1980.
The rules are different.
U are the proletariat & evil.
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$PCG CA is run by Socialists.
Most don't understand what that means but voted for it.
READ Eastern European Literature before another $ into
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$PCG Newsom is not going to put himself on the line for radioactive PG&E right now. We’re going down soon.
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$PCG Gov Newsom: “While PG&E announced its intent to file bankruptcy today, the company should continue to honor promises made”
$PCG sold my position last week for a small gain, wow that was insane timing. GL to those that are going to ride this wave
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$PCG they will get bailed out the question is when not if can take months or even years but Cali will have power
$PCG i sold at 9 this am my trade thesis was bk filing was just a leveraging tool but this seems real so have to sell...
$PCG so if they file for bankruptcy wouldn't this wipe out the common shares?
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$PCG to file for chapter 11. Why are people still buying here? SMH!
seekingalpha.com/news/34226...
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$PCG Looking for dead cat. Shorts will have to realize gains at some point.
$PCG Cramer suggests selling the telephone poles to raise some quick cash. surely, that bullish?
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$PCG Post a link you lying degenerate scammers talking about Buffett. Where’s your proof? If it were, the stock would not be in the dumps
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$PCG quick little $180 come up. 900 shares in at $8.95. Out 30 seconds later at $9.15. I’ll take it.
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$PCG ouch!! Longs getting hammered, watch for a morning puke and then potentially a bounce play as a daytrade
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$PCG is there any good reason to buy now? People are obviously, still buying!
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$PCG Nothing is a 100% guarantee; however, I think that one guys man-bun is a little too tight...
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PG&E To File For Bankruptcy, Look For New CEO benzinga.com/news/19/01/129... $PCG
$PCG this isn’t cheap or a bargain. Anything above .01 is expensive
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$PCG will likely have to pay tens of billions in liability costs, how can someone remain bullish on this one?
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$PCG Gov Newsom comments just now (no bailout appears to be coming) gov.ca.gov/2019/01/14/gover...
$PCG Vega risk on deck. All premiums from here on out are worthless people.
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$PCG stock dives -12.46% after news Co. Announces Plan to File for Bankruptcy, newsquantified.com/pcg/anal...
$PCG That said, I would rather play a straddle if I were long, but would rather lean heavily on puts or straight shorting shares
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$PCG - how naive can you get? The shares are worth $0 after bankruptcy. Company will issue new shares people.
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$PCG wait until it opens and watch all institutions selling the shit out of it... going under 6.5... in the next 15 days...buyers beware
$PCG risk is extremely high for speculators here. May want to up on bankruptcies before putting money in.
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$PCG Just called a long play on an oversold pre-market stocktwits.com/r/Volatility... see the time stamped trades first
$PCG if it sells deep at open, I’ll consider buying calls. It’s a risk, but if the premiums are low, it’s likely worth it.
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$PCG 16 MILLION PEOPLE are signed up for utilities... there will be something here that works to help with this disaster
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$PCG Big difference is that there is no subsidiary BK to shield the SHs of the parent co. The parent co is filing now = wipe out 2 creditors
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$PCG 16 million people are signed up with them for utilities ... they won’t let all these people go without lol
$PCG The utility said it didn't expect the bankruptcy to affect its electric or natural gas customers,
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$PCG if it drops below 5 I'll put 1/6 or less of what I shorted on the small off chance the Govt cover their ass
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$PCG they tried to do BK in 2001 but not succeed. So, let s shut down the operation so half of California will not have utilities. Lol
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$PCG this will not go below 5 unless you want no power for the entire Bay which includes HQs for many companies 😂
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$PCG they also filed for BK in 2001 as well after a blackout. Ratepayers paid the bills then for years.
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$PCG Buffett won’t touch this even if slathered with Big Macs and Cherry Coke 😂
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$PCG LOL to all the idiots that bought this on the “dip” to 25.
You should be bankrupt after being dumb enough to put your money in this
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